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Great-West Program Minimizes Employee Contributions

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An insurer is offering a program that turns back the clock for employers that want to maximize the percentage of workers who have some kind of health coverage.

The benefits arm of Great-West Life & Annuity Insurance Company, Greenwood Village, Colo., a unit of Power Corp. of America, Montreal, has introduced the Great-West Universal Health Care Options program.

The program seeks to maximize employee take-up by minimizing employees’ monthly share of coverage costs and compensating by increasing out-of-pocket expenses for elective services and minor medical services, Great-West says.

Great-West also is offering a limited-benefit health plan option for part-time workers, temporary workers and other workers who are not eligible for an employer’s major medical plan.


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