Before switching from a fully insured group health plan to a self-funded plan, organizations should take several factors into account.
Lexington, Ky.-based payer Baptist Health Plan, the managed care subsidiary of Louisville, Ky.-based Baptist Health, stopped offering fully insured health plans July 1, according to a Lexington Herald ...
Baptist Health Plan of Lexington will exit the fully insured health insurance market, the Lexington Herald Leader reports. 1. The payer said it’s withdrawing from the market because of the changing ...
For decades, we’ve faced the same yearly routine: Pay your premiums. Brace for renewal rates. Absorb the increases or pass them on to your employees. Can you repeat? It’s the benefits version of ...
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What Is Self-Insured Health Insurance?
Self-insured health insurance means the employer pays employees' health claims with their own money. Self-insured health plans are regulated at the federal level under ERISA, not by state laws. Most ...
Fewer employee benefits are as hotly debated and misunderstood as level-funded and self-insured health plans. There's no denying an ability to tailor benefits to the workforce for cost savings and a ...
Just over a month after announcing plans to end its self-funded and level-funded insurance business in Connecticut beginning in July, Farmington-based insurer ConnectiCare has told brokers it will ...
The landscape of employer-sponsored healthcare is rapidly evolving, with rising costs (registration required) driving the need for innovative funding alternatives. As a group health plan consultant ...
SAN FRANCISCO--(BUSINESS WIRE)-- Hinge Health, Inc. (HNGE) today announced results from a medical claims analysis revealing an average $2,343 savings per member per year on care for chronic ...
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