bundled plan

What is a bundled plan?

Bundled plans consist of multiple types of health coverage that a consumer can purchase together, typically with one integrated premium. The plans are generally designed to complement each other, or to provide varying benefits.

An example might be a short-term health insurance plan bundled together with a fixed-indemnity health plan. Or a high-deductible health plan bundled together with accident insurance or critical illness plan. For people with employer-sponsored insurance, the benefits are often bundled to include some combination of health, life, disability, dental, and vision coverage.

For employers that self-insure their employees’ health coverage, bundling can also refer to a scenario in which the employer purchases stop-loss coverage and plan administration services from a single insurer, rather than shopping for separate vendors.¹