Master Medical Plan

What Is a Master Medical Plan?

by | Jun 3, 2025 | Employee Benefits

Providing affordable, high-quality healthcare is a challenge for many growing businesses. That’s where a Master Medical Plan comes in. At HRDelivered, our exclusive plans are designed to give small businesses access to Fortune 500-level benefits without the high price tag.

Unlike open market options, our Master Medical Plans are fully insured, include integrated ancillary services, and are only available to PEO clients through HRDelivered’s Employer Identification Number (EIN). The result? Real savings, stronger benefits, and a smarter approach to managing health insurance.

What Makes Our Master Medical Plan Different?

Exclusive Access for HRDelivered Clients

Our Master Medical Plans are not available on the open market or through brokers. They’re only accessible to businesses that partner with HRDelivered, thanks to our EIN-based structure. This exclusivity means better pricing, fewer underwriting hurdles, and greater stability for your business.

Lower Premiums Through Shared Risk

HRDelivered shares in the risk of large claims to reduce carrier costs. While we don’t disclose exact figures, our model allows us to offer lower premiums than traditional plans—sometimes by as much as 25%. And because we manage part of the claims risk directly, we’re invested in your long-term success.

Integrated Ancillary Benefits

Our Master Medical Plan doesn’t stop at health coverage. Through partnerships with providers like Lincoln, we integrate ancillary benefits such as dental, vision, and disability coverage—also tied to our EIN. This makes for a seamless, bundled experience for employers and employees alike.

Smart Risk Management Keeps Your Plan Stable

Real-Time Claims Monitoring

We monitor claims every 60 days, giving us insight into cost drivers before they impact renewal rates. This helps us work proactively with clients to avoid surprises and control rising costs.

Condition Management Support

If your team includes members with chronic or high-cost conditions, we help you implement strategies to manage those needs effectively—protecting your rates without sacrificing care.

Renewal Planning All Year Long

Unlike traditional brokers who check in once a year, HRDelivered keeps you informed year-round. We forecast risk early, communicate clearly, and make sure you’re never blind sided at renewal time.

Master Medical Plan Benefits for Small Businesses

Even if you only have 10 employees, you can still access large group advantages through our Master Medical Plan:

  • Richer Coverage: Plans typically reserved for large enterprises
  • Lower Premiums: Save 8–25% compared to open market rates
  • Flexible Options: Choose from national carriers like Aetna, Anthem, and Florida Blue
  • Stronger Talent Retention: Offer competitive benefits to attract and keep top talent
  • Improved Cash Flow: Lower premiums mean more take-home pay for employees and better margins for your business

Master Medical Plan vs. Open Market Options

FeatureMaster Medical PlanOpen Market Plan
EligibilityHRDelivered PEO clients onlyOpen to most businesses
Rate StructurePooled rates, often lowerIndividually underwritten
Carrier AccessSelect carriers through HRDeliveredWide selection of carriers
FlexibilityStandardized plan designsHighly customizable
StrategyIdeal for cost control and renewalsIdeal for startups or unique needs

Key Takeaways

  • Available only through HRDelivered’s PEO platform
  • Access richer benefits at lower costs—even with 10 employees
  • Includes integrated ancillary benefits
  • Backed by smart, proactive claims and renewal support
  • A unique structure that can’t be replicated by brokers

Ready to Learn More?

Our Master Medical Plan can help your business save money, reduce HR burden, and offer big-company benefits—without the big-company costs.

Explore Our Employee Benefits Page or Schedule a Call to get your custom proposal today.

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