Self-Insured Vision Plans
BAI’s A BAI self-insured vision plan can provide a custom-designed benefit to employees that covers exams, frames, contact lenses, eyeglass lenses, and other options. You have the freedom to design a plan with features such as reimbursement limits, eligible expenses, frequencies, and more.
Instead of paying a premium per coverage tier which is based on a projected utilization level, you only pay for vision claims that are actually incurred. Vision benefits are very important for maintaining good health but they are also one of the most underutilized benefits. This is another reason that makes a self-insured vision plan a great choice for your company.
- Summary Plan Description development
- Plan designs are fully customizable
- Timely claims processing
- Financial and utilization reporting
- Annual plan review