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Read any headline and you’ll notice health care is probably the most politically charged topic today. Millions of Americans are worried that their health plan will be eliminated. Or that important benefits will be cut. Or that skyrocketing premiums will render insurance unaffordable.
Self-funding your health care plan gives you total control and flexibility over plan design. Instead of paying for a one-size-fits-all plan that includes expensive benefits your employees may not use, you’ll design a plan that includes the exact benefits your group needs.
Millions of Americans rely on employer plans for their health care benefits. But, as insurance rates continue to rise for employers, the increased financial burden has many looking for more affordable ways to provide employees and their families with quality coverage.
Employee engagement has become an increasingly popular topic of conversation among employers and HR professionals. Considering the fact that 1 in 3 employees are actively disengaged, you can see why it has become such a hot issue.
Many businesses are making the decision to transition to a self-funded health plan because they want greater control over plan benefits and costs. As with any major change, some businesses have concerns about the time their own employees would have to devote to a conversion project.
