As an employer, you make critical strategic decisions about your business every day. But when you purchase health insurance, important judgments about benefits and costs are taken out of your hands. Self-funding can put control where it belongswith you.
Self-funding offers you key advantages over traditional plans
• Better control of your cash flow
• Flexibility in plan design
• Reduced expenses and financial reserves compared to traditional plans
• Substantially lower risk and retention charges
• Additional trust income to fund benefit enhancements or reduce costs
• Reduced state premium tax
• Avoidance of certain State mandated benefits potentially reducing costs
Benovation, Inc., 3481 Central Parkway, Suite 200, Cincinnati, OH 45223