Why Employers Should Consider Self-Funding
Reason #4: Management Involvement
Self-funding allows the employer to always be aware of plan utilization, claim activity and payment activity versus the passive approach on the fully-insured side.
Employers are in a much better position to evaluate plan performance on a overall basis and adjust to any issues faster when self-funding.
If you would like to know more about self-funded plans and if they are a fit for your company please feel free to call or email me.