Healthcare costs continue to rise. The CFO wants a sustainable cost-effective solution and Human Resources wants to keep the employee experience as seamless as possible. Self-funding is an effective solution to please both parties. We will explore the benefits of a self-funded health plan, the flexibility allowing employers to design a customized plan that fits their needs, and the opportunity to take greater control of health care dollars. There’s more to self-funding than saving on administrative costs. In this session two employer groups will share demographics, claim experience and trends, improving the bottom line and the TPA partnership experience.
This session will address how a self-funded medical plan can be a solution to the cost, consistency and engagement challenges employers may be facing. As plan administrators, two benefits professionals will share their self-funded experience. This workshop will provide useful resources to determine how your employer can save money and improve employee engagement.
Opportunities self-funded benefit solutions offer for HR and finance departments
Transitioning to a self-funded benefit arrangement
The impact and value of managing your benefit plan