With a self-funded health insurance plan, you use your company’s funds to pay for your employees' claims as they occur.
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With a self-funded health insurance plan, you use your company’s funds to pay for your employees' claims as they occur. The upside to a self-funded plan is the potential financial savings over traditional fully insured plans that offer fixed monthly premium costs for all employees. Financial risk resulting from greater-than-anticipated claims can be mitigated by our stop-loss coverage that pays for claims that go beyond a maximum fixed rate you determine for total health care costs.
These flexible, convenient plans can tailor benefits and deductibles to your employees’ specific needs. You’ll also have access to a customized report so you can track claims and keep tabs on your bottom line.
For more information, visit our Resource Center page.