Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|Improve Participant Experience with a Self-Funded Health Plan|
ABD Insurance & Financial Services
Mar. 25, 2021
"A simple solution to help control the volatility is to create a separate healthcare bank account for the self-funded plan with the correct stop loss contract provisions.... The employer can then transfer the budgeted premium equivalent rate into the healthcare bank account each month, similar to paying their fixed premium for a fully insured plan."
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