Self-Funded Plans
What do Self-Funded Plans Offer?
A Self-Funded major medical plan is a type of health insurance plan in which the employer assumes the financial risk of providing healthcare benefits to its employees, rather than purchasing coverage from an insurance company.
These plans offer greater flexibility in designing benefits packages and can lead to cost savings for both employers and employees, as they avoid some of the administrative and tax expenses associated with fully insured plans.
They are particularly popular among medium-to-large businesses with more than 100 employees, as they allow for more control over healthcare spending and the ability to customize benefits to meet the unique needs of the workforce.
Lets Discover what your options are for a Self-Funded Plan Today!
Contact Gesla Insurance Agency now to speak with our expert advisors and find the perfect coverage for your needs.