Executive Plans

A flexible benefit plan that will help you recruit and retain key executives

Ternian’s Executive Plan allows you to offer exclusive benefits to your highly skilled employees so that you can reward them for their hard work and dedication. This plan is not required satisfy the requirements of the ACA’s non-discrimination rules similar to those under IRS Code section 105(h), thus you can offer benefits to executives only or groups of highly compensated individuals.

 

Ternian’s Executive Plan can help offset costs incurred due to a medical issue by offering payments directly to the individual for many common medical services. This money can be applied to the medical bills or it can be used to pay for other expenses related to an illness or injury.

 

The plan includes benefits for hospitalizations, diagnostic testing, surgery and much more. This Executive Plan also provides other valuable benefits such:

• Accident coverage

• Critical illness coverage

• Wellness screenings

• Travel emergency assistance

• Other valuable benefits including an employee assistance program, telemedicine program,    travel emergency benefits and behavioral health assistance

 

This plan can provide up to $100,000 in additional benefits—making it a premier and exclusive offering for valued employees. It can also be customized to complement your existing  major medical plan. Best of all, you need just three enrolled employees to initiate coverage.

 

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NOTICE

The insurance described on this site provides limited benefits. Limited benefits plans are insurance products with reduced benefits intended to supplement comprehensive health insurance plans. This insurance is not an alternative to comprehensive coverage. It does not provide major medical or comprehensive medical coverage and is not designed to replace major medical insurance. Further, this insurance is not minimum essential benefits as set forth under the Patient Protection and Affordable Care Act.

 

Disclosures

Plan Designs offered vary by Underwriting Company Authority. Limited benefit plans, Dental coverage and executive plans are underwritten by AXIS Insurance Company. Coverage is subject to exclusions and limitations, and may not be available in all US states and jurisdictions. Product availability and plan design features, including eligibility requirements, descriptions of benefits, exclusions or limitations may vary depending on state laws.