Are You Overpaying For Your Business Health Insurance Benefits?
Updated: Nov 13, 2018
Our self-funded, Return of Premium programs are plans that put your health insurance premiums to work.
With fully insured health plans, all of your premium is paid to the insurance company. You do not have control over how that money is spent. You won't see any of those premium dollars again, even in years when your group's claims are less than expected.
Our Self-Funded, Return of Premium Programs are different.
Some of your monthly premium is used to run the daily administration of your plan, but portions of it are also used to pay your stop-loss insurance premium and to build
your claims funding account.
In years when claims are lower than expected, a portion of the difference between your group's anticipated and actual claims funding account are credited back to you and that adds up to significant savings, and money in your pocket.
Contact us today for a free assessment of your benefit plan and see how this unique program can save your business money.
(206) 933-0100
Understanding how health insurance premiums are managed can help businesses make better decisions about their employee benefits. I remember learning about budgets and planning in school, and I used high school class help service when some of the financial topics felt difficult to understand. That experience showed me how useful it is to understand where money goes and how it is managed. Clear information can help people make smarter financial choices.