Search Results for: self funding

Is Self-Funding Employee Benefits In Your Reach?

For many middle market employers (50-1000 employees), the idea of self-funding their health benefits can seem out of reach.  Mid-market employer groups often have mile-long to-do-lists and the added responsibility of administering a self-funded health plan can be daunting.  Too […]

Should I Seriously Consider Self-Funding or Are There Other Options?

  More and more, small to medium sized organizations are choosing to pay out of pocket for employee health claims rather than paying a high fixed monthly premium to an insurance carrier. This strategy is known as self-funded healthcare. Is […]

Medical Funding Options: What arrangement is best for your company?

There are more medical options available today than ever before.  Years ago, Self-Funding was only available to large organizations while today organizations with as few as 10 employees have the option to Self-Fund.  Today, employers are looking for more creative […]

Health Plan Funding – It’s more about strategy than company size…

We recently received a question from one of our clients on an article about health insurance options for small businesses: http://www.philly.com/philly/business/health-insurance-help-for-small-business-in-a-big-company-tool-20180315.html The focus of the article centers around the availability of large company tools for small company health plans.  It […]

Self-Funded Employers: Is Reference Based Pricing for You?

  Reference Based Pricing (RBP).  What is it?  Reference Based Pricing (RBP) is a cost containment strategy that allows employers to set a pricing cap on what they will pay for certain medical services. According to study conducted by Aon […]

Think You Shouldn’t Self-Insure If You’re Not Healthy? You’re Wrong.

I’m constantly told by employers that they looked into Self-Insurance, but that it’s not a fit for them because they’re not a healthy group.  The irony here is being unhealthy may be precisely the reason you should self-insure. Here’s why:  […]

Human Resources CAN take control of their Medical Plan Spending

The days of “there is nothing we can do about our healthcare costs” are over for many organizations.   However, not all Human Resource Managers, CFO’s and Benefit Managers realize this. Historically, the philosophy was: Health care inflation and insurance carrier […]

Webinar: The Future of Cost Containment

Part 1 – Understanding Your Funding Options As a follow-up to our latest e-book, we’ll be hosting a webinar to further explain the options organizations have when it comes rising healthcare costs. Join us in the first part of this […]

What should HR professionals and Benefit Managers be doing to get a handle on benefit costs to their organization?

Total Rewards (Compensation & Benefits) are often the largest line item expense for an organization. Benefits typically represents 30%-40% of that line item. How can HR professionals take active measures to retain and recruit talent while containing and managing benefits […]

Rethinking Employee Benefits Communication

  A common challenge that every organization faces today is the rising cost of healthcare and its impact on the suitability and quality of their employee benefit plan. It is a classic struggle –  appropriately managing employer costs, while offering […]

House Committees Release Proposed Legislation to Repeal and Replace the ACA

  UPDATE: The American Health Care Act (AHCA), which had been proposed on March 6, 2017 to replace the Affordable Care Act (ACA), has been pulled as House Republican leaders did not have the necessary votes in order to pass […]