Question 1

How much can employers save with Oxbridge Health?

Accepted Answer

Employers typically save 10-30% on healthcare costs with Oxbridge Health compared to traditional health insurance. Savings come from transparent episode-based pricing, elimination of surprise bills, and incentives for employees to choose cost-effective providers.

Question 2

What is episode-based health insurance?

Accepted Answer

Episode-based health insurance bundles all costs for a medical procedure or treatment into one guaranteed price. For example, a knee replacement would have one fixed price covering the surgery, hospital stay, anesthesia, and follow-up care. This eliminates surprise bills and makes healthcare costs predictable.

Question 3

What is level funded health insurance?

Accepted Answer

Level funded health insurance is a type of self-funded plan with predictable monthly costs. Employers pay a fixed amount each month that covers expected claims, administrative costs, and stop-loss insurance. If claims are lower than expected, employers may receive a refund. It combines the cost savings of self-funding with the predictability of traditional insurance.

Question 4

How does Oxbridge Health help reduce healthcare costs?

Accepted Answer

Oxbridge Health reduces costs through: 1) Guaranteed episode pricing that eliminates surprise bills, 2) Transparent pricing that lets members compare provider costs, 3) Cash rewards for choosing cost-effective providers, 4) Predictable renewals without trend shock, and 5) Lower stop-loss costs due to reduced claim volatility.

Question 5

What size companies does Oxbridge Health work with?

Accepted Answer

Oxbridge Health works with small to mid-size employers, typically companies with 50-500 employees. Our solutions are designed for businesses looking for an alternative to traditional fully-insured health plans that want more control over costs and better value for their employees.

Question 6

Do employees get cash back with Oxbridge Health?

Accepted Answer

Yes! When employees choose providers priced below the episode allowance, they receive 50% of the savings as cash back. This incentivizes smart healthcare shopping while still giving employees complete freedom to choose any provider in the network.

Question 7

What is the difference between level funded and fully insured health plans?

Accepted Answer

Fully insured plans charge a fixed premium regardless of actual claims, with carriers keeping any surplus. Level funded plans let employers pay expected claims plus stop-loss protection, and employers can receive refunds if claims are lower than projected. Level funded typically saves 10-20% while providing the same coverage and compliance benefits.

Question 8

How does transparent healthcare pricing work?

Accepted Answer

Transparent healthcare pricing shows members the actual cost of procedures before they receive care. Oxbridge provides upfront episode prices for common procedures like surgeries, imaging, and lab work. Members can compare costs across providers and facilities, choosing quality care at fair prices. No more surprise bills after treatment.

Question 9

What is stop-loss insurance in level funded plans?

Accepted Answer

Stop-loss insurance protects employers from catastrophic claims in self-funded and level-funded plans. Specific stop-loss covers individual claims above a threshold (typically $50,000-$150,000). Aggregate stop-loss caps total annual claims. This gives employers the savings of self-funding without unlimited financial exposure.

Question 10

How do predictable renewals work with Oxbridge Health?

Accepted Answer

Traditional health insurance often hits employers with unpredictable 10-25% annual increases. Oxbridge uses episode-based pricing and claims data analytics to forecast costs accurately. This results in stable, predictable renewals that employers can budget for. No more trend shock or last-minute budget crises from unexpected premium spikes.

Question 11

Is Oxbridge Health available in all states?

Accepted Answer

Oxbridge Health currently serves employers in select states including Texas, New York, New Jersey, and Connecticut. Our network includes major carriers like Cigna and Healthcare Highways. We continue to expand coverage areas. Contact us to check availability in your state and get a customized quote.

Question 12

How long does it take to get a quote from Oxbridge Health?

Accepted Answer

Employers can receive a preliminary quote within 48 hours of submitting basic company and census information. Full proposals with detailed plan options typically take 5-7 business days. Our brokers work directly with employers to customize plans that meet specific needs and budget requirements.