Why look at Alternative Funding instead of traditional fully insured coverage?
Employers who have switched to an Alternative Funded plan cite several reasons for doing so, including:
- Tax deductibility under Federal and (some) State laws.
- Improved cash flow.
- Use of reinsurance for protection from catastrophic claims.
- Customized benefit package.
- Reduction or elimination of premium taxes.
- Hold and manage their own reserve funds.
- Ability of the plan sponsor (employer) to eliminate all or part of carrier profit.
Download our concise guide to all that Alternative Funding has to offer, including: Fully Insured Small Group, Fully Insured Large Group, High-Deductible Group HRA, Level Funded, Self Funded, Benefit Captive and Self-Insured