Control Health Care Cost

Over the past 20 years, employer provided health care costs have risen dramatically.  To an employer faced with large health plan premium increases, self-funding can be an attractive method of paying for these benefits at significantly lower rates without discounting benefits.

If self-funding is feasible, long-range planning and decisions about plan design, administration, investment of funds, plan documentation, etc. should be made before the employer takes over the plan's funding.

Insurance companies charge money to assume risk; the more they assume the more they charge.  There are real savings in self-funding and employers who can manage their own risks should consider this option.