Self-funding can give employers more control over every aspect of their medical insurance programs
20 November 2018
Self-funding can give employers more control over every aspect of their medical insurance programs
This article examines the key benefits employers derive from transitioning to a self-funded program including net expense reduction, enhanced cost-benefit insight, flexible plan design, total access to claims data, and control of paying claims and investment income on reserves. The article also provides a quick overview of the actuarial parts of the program.