Here are three things to know:
1. The company’s Maximum Advantage plan includes a three-year guaranteed rate with the maximum increasing by $250 on the second and third year. By the third year, the contract’s maximum will have increased $500.
2. Employers with 30 or more enrolled employees can also utilize the Maximum Advantage Plan, which is designed to be customized based on a company’s needs.
3. In the Maximum Advantage Plan, employers can choose between a $750 or $1,000 starting contract maximum. At the end of the three years, employers then have the option to enter one more round of the Maximum Advantage Plan or continue increasing contract maximums annually.
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