Self-Funded vs. Fully-Insured Health Plans
Group medical benefit plans typically fall into one of two categories: self-funded or fully-insured. The choice of one over the other should not be made
Group medical benefit plans typically fall into one of two categories: self-funded or fully-insured. The choice of one over the other should not be made
Level-funded health plans can help employers lower their healthcare expenses while providing employees comprehensive health coverage and a robust provider network. These plans combine the
The Kaiser Family Foundation reported that nearly half of Americans struggle to afford health care, with about 4 in 10 saying they’ve delayed or gone
Open enrollment can be an overwhelming time for both employers and employees. Each year, employers must choose a benefits package that balances cost to the
Currently, healthcare costs in the United States are high and rising, outpacing inflation and wage increases. While many employers had relatively lower claim costs during
An annual report by pharmacy benefit consulting company Pharmaceutical Strategies Group (PSG) found that 43% of employers currently cover FDA-approved weight loss drugs, while an
Voluntary benefits are increasingly important to employees as they focus on their physical, mental, social, and financial health. As a result, many employers are expanding
Catastrophic and unexpected healthcare claims are on the rise. This increase in catastrophic claims is, in part, the result of medical and pharmaceutical advances, such
The IRS recently issued Rev. Proc. 2023-23 in which it announced cost-of-living adjustments for Health Savings Accounts (HSAs), High-Deductible Health Plans (HDHPs) and excepted benefit
Many workers in the United States struggle with medical debt. According to a recent survey of American workers by consumer financial health organization, Financial Health