The Affordable Care Act (ACA) has sparked a renewed interest and growth in self-funding as more organizations look for ways to continue to offer quality healthcare benefits to their employees, but also create opportunities for savings. Self-funded health plans are not new. In fact, they have been around for decades. However, many businesses have simply been unaware of their advantages and the differences between self-funded and fully insured plan options.
Organizations of many sizes have turned to third party administrators, such as EBSO, to help design, administer and manage a self-funded plan that manages risk and promotes wellness while keeping costs in line.
As Obamacare gives employees even more reason to identify and manage plan costs, TPAs can provide greater access to health plan data and work closely with you and your plan participants to build individualized programs that manage both cost and quality.
In this FREE whitepaper we examine “5 Reasons Why It’s Time to Consider Self-Funding Your Employee Healthcare Plan.”
Still Still trying to get a handle on the differences between a self-funded and fully-insured plan? Click to watch our short video, Discover the Benefits of Self-Funding and in less than 2 minutes we will explore those differences, give you the advantages of self insured health benefit plan and help you understand how self-funding works.