SELF-FUNDED MEDICAL FOR SMALL BUSINESS
Self-funded medical plans became popular in the mid-2000's as a way for businesses to save money on rising healthcare costs. For years, self-funding was only an option for larger companies. Recently, insurance companies began offering options for small- and mid- sized companies. Many of our clients have been asking about self-funded plans- they have heard a lot about these plans, but they aren't 100% sure if they could work for their company.
Below is a short video from Humana explaining their Level Funded Premium. It's a great intro to self-funded medical.
Please contact us to learn more about this and if it can work for your business.