Employees Value Healthcare

Attracting and retaining the best employees is crucial for any business. Offering healthcare benefits is one of the best ways to find and retain top talent.

According to the 2019-2020 Aflac WorkForces Report, of the survey participants ranking health benefits as first, second, or third most important in a job:

  • 86% of employees rank health coverage as the most important benefit in an overall benefits package
  • 63% of employees rank health coverage as the most important aspect when looking for a job – second only to pay
  • 38% of employees say improving their benefits package is the most important thing employers can do to keep them in their job – again, second only to pay

And in a survey of 738 Human Resources professionals, 95% said that according to employees, healthcare benefits are the most important part of an overall benefits package. Candidates are making work and career decisions based on healthcare benefits (Resourcing Edge).

Employers and Employees are Paying Too Much

Healthcare costs in the U.S. have been rising for decades, and are expected to keep increasing. Total healthcare spending (including premiums, copays, coinsurance, deductibles, etc.) in the U.S. during 2017 was roughly $11,000 per person. By 2027, those costs are expected to climb to roughly $17,000 per person (Investopedia).

That’s an increase of over 54% in just 10 years.

In 2019, the average amount that covered employees contributed was $1,242 for individual coverage, and $6,015 for family coverage. Total costs including employer contributions were (KFF Employer Health Benefits Survey, 2019):

  • $7,188 ($5,946 employer contribution, $1,242 employee contribution) for individual coverage
  • $20,576 ($14,561 employer contribution, $6,015 employee contribution) for family coverage

Pricing for Businesses

Below is our pricing for owners of a sole-proprietorship or a business with employees.

Adult

$85per month

Additional Adult

$75per month

Child or Young Adult

$65per month
Mint Health Care

Family

$260per month
Mint Health Care

Pricing Details

  • Get a 5% discount when paying quarterly

  • Get a 10% discount when paying annually…the equivalent of over 1 month free

  • There is a one-time enrollment fee of $95 per individual, with a max of $145 per household

  • Each child under 18 must enroll with at least one parent or guardian member

  • Each additional child in a family is $15/month

Mint Lone Tree Can Save You Money. A Lot of It.

Membership at Mint Lone Tree can save you and your employees a lot of money. Consider the following examples.

Individual

For this example, we’ll consider a 40 year-old getting traditional insurance through his/her employer plan vs. getting the “Adult” membership at Mint Lone Tree plus the “Employee Only” Sedera SELECT Medical Cost Sharing Plan for Businesses with a $500 Initial Unshareable Amount (IUA) to cover major medical needs. An IUA is similar to a deductible in traditional insurance.

For the traditional insurance plan, we’ll use the costs listed in the “KFF Employer Health Benefits Survey” referenced above.

Keep in mind that a $500 deductible for a traditional insurance plan would be almost impossible to get. And if it was available, the costs for that plan would be substantially higher than given in this example.

And choosing a higher IUA, such as $1,000 or $1,500, for the Sedera SELECT plan would substantially decrease the costs for the Sedera portion given in this example.

Individual: Traditional Insurance Plan
$599/month

($495.50 employer contribution + $103.50 employee contribution)

$7,188/year

($5,946 employer contribution + $1,242 employee contribution)

Individual: Mint Lone Tree Membership + Sedera SELECT $500 IUA
$323/month

($85 Mint Lone Tree + $238 Sedera SELECT)

$3,876/year

($1,020 Mint Lone Tree + $2,856 Sedera SELECT)

In this example, the Mint Lone Tree Membership + Sedera SELECT combination would save the employer and employee $276/month, or $3,312/year, overall.

Family

For this example, we’ll consider a family with two adults (ages 40 and 41) and two children (ages 10 and 12) where the whole family is covered by one of the adult’s traditional insurance through his/her employer plan vs. getting a “Family” membership at Mint Lone Tree plus the “Employee + Family” Sedera SELECT Medical Cost Sharing Plan for Businesses with a $500 Initial Unshareable Amount (IUA) to cover major medical needs. An IUA is similar to a deductible in traditional insurance.

For the traditional insurance plan, we’ll use the costs listed in the “KFF Employer Health Benefits Survey” referenced above.

Keep in mind that a $500 deductible for a traditional insurance plan would be almost impossible to get. And if it was available, the costs for that plan would be substantially higher than given in this example.

And choosing a higher IUA, such as $1,000 or $1,500, for the Sedera SELECT plan would substantially decrease the costs for the Sedera portion given in this example.

Family: Traditional Insurance Plan
$1,715/month

($1,214 employer contribution + $501 employee contribution)

$20,576/year

($14,561 employer contribution + $6,015 employee contribution)

Family: Mint Lone Tree Membership + Sedera SELECT $500 IUA
$986/month

($260 Mint Lone Tree + $726 Sedera SELECT)

$11,832/year

($3,120 Mint Lone Tree + $8,712 Sedera SELECT)

In this example, the Mint Lone Tree Membership + Sedera SELECT combination would save the employer and employee $729/month, or $8,744/year, overall.

Implementing Mint Lone Tree in Your Business

Membership in Mint Lone Tree can be added at any time, and there’s no need to wait for open enrollment.

There are a few ways businesses typically implement Direct Primary Care memberships. You can apply any of these with your Mint Lone Tree membership.

As a Standalone Health Benefit

This is a cost-effective option for businesses who are unable to afford traditional health insurance, but who still want to provide coverage for primary care and wellness needs.

Paired With a Health Cost Sharing Plan

This is a great option for businesses who are unable to afford traditional health insurance, but who still want to provide coverage for primary care and wellness needs and for large curative treatments such as hospitalizations, surgeries, ER visits, etc. Many businesses have seen over 50% savings when implementing Direct Primary Care and health cost sharing.

Please see our Major Medical Coverage page for more information about your options.

In Combination With a Typical Insurance Plan

You can choose to implement this at any time without changing your current benefits.

The immediate access to better primary care and wellness will lower your overall health insurance utilization, which will ultimately result in a lower premium when your insurance is up for renewal.

Offering direct primary care has also been proven to provide additional savings in reduced employee absenteeism and increased productivity.

Contact Us

Please contact us to enroll as a business. We will create a unique enrollment portal for you and/or your employees to use, and work with you to create other unique plan settings. We look forward to hearing from you!

Contact Us

Free Phone Consultation

Do you still need more information before you join? Book a phone consultation with Dr. Sheeder. This free consultation will give you an opportunity to talk directly to Dr. Sheeder, so you can determine if a membership at Mint Lone Tree is right for you and your family.

Book Your Free Phone Consultation