Self-Funding
With self-funding you get more, while spending less.
In today’s changing healthcare environment self-funding provides flexibility and greater affordability. Tired of health premiums going up every year? With self-funding you get the flexibility to design a health plan that suits your client's business, and an opportunity to strategize about cash-flow management. We team up with brokers, administrators, and stop-loss providers to contain costs and offer you benefits tailored to your clients and their employees.
Does HealthEdge Work For You?
With HealthEdge you get a variety of options and benefits. Whether you're a large firm or a small business, we're sure we can customize a plan to meet your needs.
Dental/Vision
HealthEdge offers self-funded dental plans for employers to provide excellent benefits with substantial savings for the employer. Self-Funded medical dental/vision plans work best for employers with greater than 10 employees.
Medical
HealthEdge offers self-funded medical plans for employers to provide excellent benefits with substantial savings for the employer. Self-Funded medical plans work best for employers with greater than 200 employees.
Workers' Compensation/MPN
Medical Provider Networks (MPN) assist employers in managing their medical costs through a diverse network of qualified physicians, specialists, clinics and hospitals that specialize in the treatment of occupational injuries.
Employers may select from an established Workers’ Compensation Network or a customized narrow network can be developed to meet your specific needs or regulatory requirements. MPN work best for employers with 500 or more employees.
Do you know where your money goes?
Fully Insured Plans
Fully insured plans have fixed costs, in which the maximum cost of a fully insured plan is a total of all the premiums paid. Typically, the employer does not have access to the actual amounts that has been spent on claims.
The above is an estimate of cost. Your results may differ on your specific needs.
Self-Funded Plans
Employers can earn savings when claims are at or below the expected level. The maximum cost of a self-funded plan consists of: Reimbursements, Stop loss premiums, Administrative expenses and other services fees.
The above is an estimate of cost. Your results may differ on your specific needs.
Frequently Asked Questions About Self-Funding
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Actually, when you choose self-funding we analyze your current benefit plan and show you how we can save you money through a self-funded plan. This is a free service and gives you great insight into how our plans are actually a lot more affordable than you think.
We get it. Understanding insurance can seem daunting, that’s why we take care of the complicated stuff so you can continue doing what you do best at work. Along with a thorough explanation, we provide you with all the resources and insight you and your employees need to make informed decisions regarding your health care plan.
We have no stake in this-you get to choose how much you make. You have control over this.
When you choose self-funding, we analyze your current benefit plan and show you how we can save you money through a self-funded plan. This is a free service and gives you great insight into how our plans are a lot more affordable than you think.
We get it. Understanding insurance can seem daunting, that’s why we take care of the complicated stuff so you can continue doing what you do best at work. Along with a thorough explanation, we provide you with all the resources and insight you and your employees need to make informed decisions regarding your health care plan.
