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New Plan Designed to Goose Participation Rates
By redesigning the employer’s health plan, Great-West Universal Health Care Options enables employers to offer a comprehensive health plan with significantly lower employee premium contributions, according to a company news release.
Key features of this new plan include broad coverage for primary care and preventive services with modest co-payments, according to the news release.
It also provides comprehensive coverage for major illness or injury to assure that employees have financial protection for large medical expenses.
Employee out-of-pocket expenses are more concentrated on health care services that are of a minor medical or elective nature, the company said.