Medical Mutual’s Bundled Savings Program: Premium Discount for Eligible Groups and New Business
Medical Mutual recently announced the launch of their state-wide MedMutual Bundled Saving Program. They have designed this program to help you offer savings to your customers while providing them with added benefits and protections. MedMutual Bundled Savings gives 51 to 1,000 fully insured health groups the chance to earn up to a 2 percent discount on their health premium when adding on specialty products.
Product | Health Discount | Total Annualized Premium Required Per Product Line* |
Dental
(MedMutual Dental or Superior Dental Care) |
1% | $15,000 total annualized premium needed |
Vision | 0.5% | $15,000 total annualized premium needed |
MedMutual Life Products – Combo deal (Life, AD&D, STD, LTD, Accident, Critical Illness)* | 0.5% | $15,000 total annualized premium needed (any combination of MedMutual Life products totaling $15,000) |
Total Discount | Up to 2% |
A minimum of $15,000 in annualized premium at time of quote is necessary to obtain a discount for each product. Any number of MedMutual Life products can be combined to reach the minimum $15,000 in annualized premium.