Self-Funding is More Popular than Ever!

Self-Funding Medical Benefits is More Popular than Ever

Risk is Easily Managed

 

With large health insurers warning that rate increases will be 20% to 30% in 2016, it’s time to look at cutting costs through self-funding your medical benefits.  More companies are using self-funded contracts than ever before.

Brief Overview of Why You Should Consider Self-funding:

  • New contract designs have made self-funding feasible for companies with as few as 20 employees
  • Companies with 50 to 500 employees should definitely be looking at self-funding
  • Huge cash-flow advantages– why let the insurance company hold your money?
  • Almost unlimited control over plan design
  • Access medical claim administration that is accountable to YOU for every dollar
  • Next level analysis of claims and trends drives cost-saving decisions
  • Superior cost-control strategies create better outcomes and lower plan costs
  • Flexible stop-loss insurance effectively controls down side risk
  • Save 2 to 3% more by not paying premium tax
  • Integrated HR/Benefits software platform available to qualified clients

With over 50 years of combined experience in benefits, we are experts in self-funding for companies with 20 to 500+ employees. Let Advanced Benefit Strategies show you how much your company can save.  Call or email us.

Gregg Kennerly, Principal

Certified Healthcare Reform Specialist

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Advanced Benefit Strategies of Virginia, LLC

757-961-3319

Office Locations

One Columbus Center # 600
Virginia Beach, VA 23462
51 Court Pl.
Charlottesville, VA 22901

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