Many employers are scared of the term “self-funded”. They feel like they are going to pay for every dollar that the group incurs for medical claims. There are several reasons why you shouldn’t be afraid of self-funding your health plan.
One safeguard that employers purchase is stop loss insurance. Stop loss is designed to protect you against large claims. Listen in as we discuss the two types of stop loss that most groups purchase when self-funding their health plan.
Derek Hayden & Garrett Ulmer