Types Of Medical Plans – Self Funded
Employer Self Funded Health Insurance | Self Funding Insurance | Self Funded Health Insurance. BenaVest allows small / midsize employers to make monthly payments that includes all administration fees, stop loss premium, and claims liability charges. This makes it easier for employers to utilize self funded insurance. Our Employer Self Funded Health Insurance makes self funding simple.
When a company makes the change to Self Funding Insurance, it assumes responsibility for administration of the health plan. With this accountability, you can: Operate efficiently and effectively.
Improved Cash Flow
The employer is offered the opportunity to save money if claims are low. Employers and employees that are health conscious do well with a Self Funded Health Insurance plan.
One size doesn’t fit all. The flexibility of self-funding allows a company to custom design a cost-effective health plan tailored to employees specific needs. For instance, high-cost benefits that employees do not value can be eliminated.
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