Difference Between Self-Funded and Level-Funded Health Plans - Shelbyville Insurance Services Skip to main content

Difference Between Self-Funded and Level-Funded Health Plans

By June 24, 2020 June 25th, 2020 Employee Benefits, Personal Insurance, Video

 

What’s the difference between self-funded and level-funded health plans?

They are very similar in nature, but there are a few important differences.  In each scenario, you are funding your own claim dollars.  You will also purchase stop loss insurance to protect your organization against large, catastrophic claims.

Listen in to this video to learn more about the differences in these two funding mechanisms.

 

Garrett Ulmer & Derek Hayden

(217) 774-2155