Interesting HIU magazine article highlights benefits of self-funding
HIU Mag |
The November 2016 issue of Health Insurance Underwriter magazine (HIU) features an article on some outstanding features of the self-funded group benefits model. It briefly and clearly points out some big advantages, such as:
- The opportunity for employers to keep unpaid claims dollars in their pockets - something they definitely cannot do with fully insured plans
- Transparency in every aspect of healthcare expenditures through detailed utilization reports
- Custom plan design options based on report analysis and needs of the group
View the HIU issue with this and other articles here
Prairie States Enterprises, Inc. is a third-party health benefits plan administrator that brings industry expertise and a clinical focus to self-insured companies. Our in-house claims administration, health management services, wellness programs, plan analysis and predictive modeling tools result in remarkable and unprecedented cost control for employers. We also provide the most compassionate and personalized level of service for plan members.