Self funding, otherwise known as self-insured insurance, is a plan in which the employer takes on the financial risk of providing certain healthcare benefits to his or her employees. With self funding insurance, companies pay for healthcare expenses Read On >
Business Benefits Blog
Everything You Need to Know About Group Health Insurance
As a growing business, the wellbeing of your employees is a top priority. When your workers remain in good health, production and morale increase while absenteeism and turnover rates diminish. Group health insurance is a popular option for businesses Read On >
2018 Small Business Group Health Insurance Update
Determining the best course of action when it comes to group health insurance is one of the toughest decisions business owners must make. Just like personal health insurance, group health insurance can be found in all shapes and sizes to accommodate Read On >
Stop Loss Insurance 101
If you are considering self funding insurance, then acquiring stop loss insurance should be high on your priority list. Stop loss insurance, also known as excess insurance, is a product that provides companies protection against unpredictable or Read On >
The Benefits of Benchmark Analysis
Benchmark analysis is a form of market research used by businesses who wish to compare their existing performance to the best practices in the industry. Through benchmarking, companies are better able to gauge what is the best performance to be Read On >
A Comprehensive Guide to Group Stop Loss Captives
Most employers make it a top priority to properly handle healthcare expenses. Group stop loss captives is a smart way for employers who use self funding insurance to add another layer of protection from high individual or aggregate medical claims. Read On >
What is Aggregate Stop Loss?
Stop loss insurance, also referred to as excess insurance, is a product targeted towards self-insured employers. The policy option serves as a reimbursement mechanism for claims that prove to exceed the predetermined amounts. Stop loss insurance is Read On >
The Benefits of Direct Primary Care
Rising health costs can make it difficult for patients to receive the care they need, even with insurance. Direct primary care (DPC) is an alternative payment model that provides family physicians the opportunity to charge patients a monthly, Read On >
What is Reference Based Pricing?
Choosing an insurance plan for your employees can be challenging due to the influx of options now available. One of the biggest decisions you will have to make as an employer is between fully-insured and self-insured health plans. A fully-insured Read On >
Who Uses Self Funding?
Self-funded healthcare plans, also referred to as self-insured or alternative-funded healthcare plans occur when an employer assumes a portion of the financial responsibility of health care benefits to his or her employees, up to a set threshold. If Read On >