GAP Plans

Very similar to partial self-funding a gap product allows an employer to purchase a fully insured high deductible health plan and then use that premium savings to layer in a supplemental gap product. This gap product would reimburse certain out of pocket medical expenses to keep the employee costs low. Coverage is offered on a guarantee issue basis with no medical underwriting. There is a lot of flexibility with benefit design and can be offered as an employer funded option, on a voluntary employee paid basis or a combination of the two. Additionally, other ancillary benefits can be layered in to provide a comprehensive enhanced employee benefits package.

gap coverage