Self-Funded Plans Secret Solution for Huge Savings
Unlocking the potential for significant savings in healthcare is as simple as exploring self-funded plans, where you can browse options and discover how these plans can transform your business's financial health.
Understanding Self-Funded Plans
Self-funded health plans, also known as self-insured plans, offer a strategic approach for businesses aiming to reduce healthcare costs while maintaining quality benefits for employees. Unlike traditional insurance plans, where employers pay a fixed premium to insurance carriers, self-funded plans allow employers to pay for actual healthcare claims incurred by their employees1. This model provides greater flexibility and control over the benefits offered, enabling businesses to tailor plans to their specific workforce needs.