Why did my employer purchase a MERP?

Your employer purchased a medical expense reimbursement plan (MERP) because he or she is looking out for your best interests by examining ways to cut costs while still providing you with the same health insurance benefits. Some employers have told us they would not have been able to provide health insurance benefits or would have been forced to severely cut benefits without purchasing a MERP.

Related Post: What is a Medical Expense Reimbursement Plan (MERP)?

How does ClaimLinx save businesses money on health insurance?

ClaimLinx is a full-service employer benefits consultant, health insurance agency, and third-party administrator. We help clients shop for a high-deductible health insurance plan through a major carrier and then combine this with a customized medical expense reimbursement plan (MERP) to add back the benefits. The ClaimLinx Simple Option Solution offers an effective way of cutting costs without increasing deductibles or copays for employees.

Related Post: How Coordination of Benefits Saves Money for Your Employees

Why do I need health insurance?

Without health insurance, you and your family’s financial stability could be literally wiped out by just one trip to the emergency room or one surgical procedure. In 2015 alone, national health care spending grew 5.8 percent to $3.2 trillion, or $9,990 per person, and accounted for 17.8 percent of the Gross Domestic Product (GDP). This is among the highest of all industrialized countries. (source: Centers for Medicare and Medicaid Services)

Related Post: ClaimLinx Glossary: Common Health Insurance Terms