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Self-Funded Medical Insurance

Eliminate excess costs and gain more flexibility with your business capital using a self-funded medical insurance plan.

Leverage Your Lower Risk Profile with Self-Funded Health Plans

Your organization is unique — so choose a plan that matches you.

Customize a plan to meet the specific needs of your workforce without conforming to a one-size-fits-all insurance policy approach.

As long as you have the cash flow to cover the risk you take on with self-funded medical insurance, the benefits can be worth it for the right organization.

Access the Benefits of Self-Funded Medical Insurance

Pay out-of-pocket claims instead of paying a fixed premium to an insurance carrier.

Self-funded medical insurance isn’t for everyone. You take on the risk — and gain the benefits.

  • Customize Health Plans
    • You can build a customized health plan that better meets the needs of your workforce, which varies based on age, demographics, and geography.
  • Maximize Interest Income
    • When you maintain control of your health plan reserves, you also access the interest income those dollars generate — instead of giving that income to the carrier.
  • Improve Cash Flow
    • With self-funded medical insurance, you won’t have to pre-pay for coverage, so you’ll improve your overall cash flow — keeping your money with you.
  • Avoid State Mandates
    • Unlike fully-insurance plans, with a self-funded medical insurance plan, you’re regulated under federal law (ERISA).


So Why Doesn’t Everyone Use Self-Funded Medical Insurance?

One word: risk.

Healthcare costs are high — and unpredictable. If you don’t have the cash flow to cover a claim, a fully-insured plan might be better suited for your organization.

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Find Out if Self-Funded Might Work for You

We’ll assess your risk profile and help you determine if self-funded medical insurance — or self-funding in general — is a good option for your organization.

Talk to an Advisor

Protect Against Catastrophe with Stop-Loss Insurance Coverage

Many self-insured employers use stop-loss insurance to protect against the unpredictable. Stop-loss insurance is not a health insurance policy; it is an insurance contract between the stop-loss carrier and you.

Learn more about Stop-Loss Insurance

Self-Funded Benefit Programs from the Employee Perspective

More and more mid-sized companies are making the shift to self-funded programs to manage costs and have more control over their spending. Do these programs also benefit the employee?


Read the story

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People First Insurance Brokers

Find out how our services can assist you in becoming better prepared and protected for what comes next.

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Jason Haas, Taft-Hartley, insurance broker.