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Self-Funding Can Give Employers More Control Over Health Plans
Milliman's Healthcare Town Hall Link to more items from this source
Jan. 10, 2020

"The key benefits employers derive from transitioning to a self-funded program are: [1] Enhanced cost benefit transparency into every aspect of the program; [2] Expense reduction; [3] Flexibility around plan design; [4] Access to claims data; [5] Better control of claims payments and investment income on reserves. [This article provides] an overview of the actuarial components of the employer-sponsored program: projecting claims and expenses, and evaluating an employer's budget and risk tolerance."

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