Are you thinking about paying for group health benefits with your corporate funds? More and more large companies are taking this route. You end up improving your cash flow without sacrificing quality coverage for your employees. BlueCross BlueShield of South Carolina offers employers third party administration services through TCC of South Carolina and Planned Administrators, Inc. On behalf of BlueCross, TCC of South Carolina and Planned Administrators, Inc. offer third party administration services. They are separate companies.
This means we perform administrative services for self-funded and partially self-funded group benefit plans. We process insurance claims for companies that use their own money to help pay for their employees' insurance claims. You stay in charge of the money you spend -- we handle all the paperwork for you.
What about claims? Do you worry that a high-cost claim could wipe out your company's hard-earned assets? We also offer added protection by negotiating for stop-loss insurance coverage. If your total claims liability goes over a certain level, a stop-loss carrier will cover any amount above that level. This security means a high-cost claim won't have a serious impact on your company's bottom line.
For more information, please contact your benefits consultant or your BlueCross marketing representative today!