With a self-insurance arrangement, the business assumes the financial risk for providing health care benefits to employees.

​

This option is for groups of 10 to 50 employees—a self-funded health benefit plan coordinated with stop-loss insurance protection. The self-funded plan provides the required coverage to meet the ACA’s mandate. Governed by federal law under the Employee Retirement Income Security Act (ERISA), self-funded plans allow employers more generous latitude in designing coverage. You can select the plan that best meets your employees’ needs from the options available.

​

Small businesses can save money with self-funded health insurance, mainly on administrative costs. According to the Self-Insurance Educational Foundation, cost savings in non-claims expenses compared to group health insurance can range from 10 percent to 25 percent.

​

Employer Stop Loss Protection: It protects group self-funded medical insurance plans. With health care costs rising every year, a growing number of employers choose to self-fund their medical insurance plans. Stop-Loss Insurance helps protect your company by limiting financial losses from large or unexpected patterns in medical claims.

​

We shop all available self-funded options to find you the best solution to your employee medical benefits coverage needs.