Explore the World of Alternative / Self-Funding
Taking Control – This single statement best explains why employers use self-funding alternatives for their benefit programs; especially health insurance – they want control.
In the world of your traditional fully-insured plans, you have very few options and absolutely no control over the factors that determine your cost. Year after year, you find yourself in the same frustrating position of having to “take or leave” whatever offer your broker brings to you. These never-ending increases have become an unmanageable cost of doing business; constantly eating away at your profits and affecting the stability of your business. No other aspect of your business is run with such restricted choices.
Now, instead of always being in a reactive position, the wide range of alternative funding options allows you, regardless of your size, to take back control and create a strategic long-term plan for reigning in this critical cost.
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