SMALL GROUP HEALTH
Symptom: As a small business owner, it seems no one wants to insure us. Everything
seems to be geared toward the larger employer – help!
Prescription: At Starmark, serving small businesses is what we do best because it’s all
we do! Founded in 1985, Starmark’s sole focus is administering health and life benefits
for employer groups with two to 50 employees. Plans administered by Starmark are fully
insured by Trustmark Insurance Company, a leading mutual company for 90 years.
Employers appreciate the expert knowledge and service they receive from Starmark staff
members. It’s not surprising. Starmark and Trustmark have received industry awards
from the Health Insurance Association of America (HIAA) for both the most insurance
education designations and the highest course participation among employees. Fairness,
stability and integrity are important values ingrained in Starmark’s culture.
HSA Select Plans and Health Savings Accounts: A Cost-Effective Solution
Combat the rising cost of healthcare by combining a Starmark-administered HSA Select
Plan with a health savings account (HSA). When used with a qualified high deductible
health plan (HDHP) such as an HSA Select Plan, an HSA provides tax advantages and
encourages employees to make cost-effective healthcare decisions. All plans include the
Price Assurance Program for prescription drug savings and offer options such as maternity
and Preventive Care Plus. The in and out-of-network deductibles and out-of-pocket limits
accrue separately on these plans.
Qualified High Deductible Plans and Health Savings Accounts: A Practical
Combination
Combining flexible health insurance plan designs with a health savings account (HSA)
helps employers fight escalating healthcare costs. An HSA encourages employees to make
cost-effective healthcare decisions and provides tax advantages. Qualified High Deductible
Plans administered by Starmark offer six PPO plans as well as three indemnity plans for
businesses located in ZIP codes that do not have network physicians or hospitals. All
plans include the Price Assurance Program for prescription drug savings and offer a
maternity benefit option.
Health Savings Accounts (HSAs)
An HSA is an account used to pay qualified medical expenses. HSAs are not only tax
deductible, but also enable consumers to carry forward unused balances from year to
year. Additionally, HSAs are portable, meaning employees can take the account with
them when changing employers. An HSA provides tax advantages and encourages
employees to make cost-effective healthcare decisions. Establishing an HSA is also an
excellent way to enhance a retirement plan and save for long-term healthcare needs.
An HSA can be established through Starmark's recommended HSA trustee, HSA Bank™,
or through any other administrator or financial institution that offers HSAs.
P.O. Box 1480 • Blue Springs, MO 64013 • 877.224.3001 • Fax 816.224.6733 • www.burrows-group.com
PPO Horizon Plans and Health Reimbursement Arrangements:
Combining Choice and Affordability
PPO Horizon Plans allow employees to fight the rising cost of healthcare by combining
the lower premiums of a higher deductible medical plan with the advantages of a health
reimbursement arrangement (HRA). An HRA provides tax advantages and encourages
employees to make responsible healthcare decisions. All plans include a prescription
drug benefit and offer attractive options such as maternity, Preventive Care Plus and
supplemental accident coverage.
Health Reimbursement Arrangements (HRAs)
An HRA is a defined contribution arrangement, funded solely by the employer, that
works in conjunction with a higher deductible medical plan. Employers use HRA
funds to reimburse their employees' eligible healthcare expenses. For employees, all
reimbursements from the HRA are tax-free. For employers, expenses paid from the
HRA are tax deductible. HRA funds belong to the employer, who decides how much
to contribute and whether unused funds may be rolled over from one calendar year
to the next. An HRA can be established through any HRA administrator or through
Starmark's recommended HRA administrator, Employee Benefits Corporation (EBC).
PPO Advantage Plans: Focusing on Value and Flexibility
Get the advantage of value teamed with flexible protection with a PPO Advantage Plan.
PPO Advantage coverage allows your employees the freedom to seek medical treatment
from any in-network or out-of-network provider. By selecting an in-network provider,
employees receive negotiated discounts on services, richer benefits and a higher lifetime
maximum for in-network services. The in- and out-of-network deductibles and out-of-
pocket limits accrue separately on these plans. All plans include a prescription drug
card and offer attractive options such as an encounter fee for in-network office visits,
maternity and alternative prescription drug card deductible choices.
Preferred Provider Organization (PPO) Plans: Choice and Flexibility
Starmark is the small group healthcare benefits expert, specializing in providing small
employers with plans featuring greater choice, convenience and flexibility. Choosing PPO
coverage allows your employees to enjoy negotiated discounts on services, richer benefits
and a higher lifetime maximum for in-network services while maintaining freedom of
choice in provider care. All plans include a prescription drug card and offer attractive
options such as maternity, alternative prescription drug card deductible choices,
Preventive Care Plus, supplemental accident coverage and enhanced contract provisions.
Indemnity Plans: Choice and Convenience
Selecting indemnity coverage allows your employees the convenience and flexibility to
seek treatment from any physician or facility. All plans include a prescription drug card
and offer attractive options such as maternity, alternative prescription drug card
deductible choices, Preventive Care Plus and supplemental accident coverage.
Note: This plan is available only to groups located in ZIP codes that have no
network physicians or hospitals.
P.O. Box 1480 • Blue Springs, MO 64013 • 877.224.3001 • Fax 816.224.6733 • www.burrows-group.com