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More Small Businesses Turn to Level Funded Health Plans to Manage Health Care Benefit Costs
The Business Journals 
Nov. 9, 2020 "Level funded plans ... are designed to pair with any standard medical plan ... but with lower rates and more financial flexibility, in part resulting from employers being rated on the health status of their employee population, as opposed to community-rated. Thirteen percent of small firms (with three to 199 employees) are in a level funded plan, which combines a relatively small self-funded component with stop-loss insurance that protects an employer from excessive claims[.]" |
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