Question 1

What's the difference between level-funded and fully insured?

Accepted Answer

Fully-insured means you pay a fixed monthly premium to a carrier and they take the risk. Level-funded means you pay a set monthly amount that covers expected claims, admin, and stop-loss — and if claims come in low, you get a potential year-end refund. Waive specializes in level-funded plans for groups of 5+ because the transparency typically saves employers 25-35% versus fully-insured renewals.

Question 2

How much can my 50-person company save with Waive?

Accepted Answer

Most 50-employee groups switching to Waive from a fully-insured carrier save 25-35% on total premium, with an average of 30%. Actual savings depend on your current carrier, state, group demographics, and claims experience. For a firm quote specific to your group, upload your census and we'll return pricing within 24 hours.

Question 3

How do I get appointed as a broker?

Accepted Answer

Waive's broker appointment takes 7-10 business days. Start at our /brokers page — submit the appointment form, we'll verify your state licensing, and once approved you get access to the producer platform for quoting. Commissions are transparent and paid monthly.

Question 4

Does Waive handle COBRA?

Accepted Answer

Yes — COBRA administration is included in Waive's standard employer services. We handle initial notifications, ongoing premium collection, and termination notices. The entire process is automated and audit-ready.

Question 5

What states are you licensed in?

Accepted Answer

Waive is a licensed TPA in all 50 states. Specific plan availability varies by state and group size. For state-specific details, see /trust/licensing.

Question 6

Can I get a quote without a call?

Accepted Answer

Yes. Upload a member-level census and effective date at /contact, and our underwriting team returns a firm quote within 24 hours — no call required. If you'd prefer to talk first, book a 15-minute walkthrough instead.

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