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.