As insurance premiums continue to rise, self-funding makes sense for more employers.

TWO-THIRDS OF ALL PRIVATE EMPLOYEE BENEFIT PLANS
ARE NOW SELF-FUNDED

Benefits of Ownership

PAY ONLY FOR SERVICES ACTUALLY USED

By unbundling your benefit dollars, self-funding allows for greater cost containment opportunities.  This gives your organization customized benefit plans featuring the best options to meet the specific needs of your workforce.

Ensuring Your Protection

STOP-LOSS INSURANCE

Wellness exams and sprained ankles are one thing, but what happens when claims go beyond the routine? High dollar claims are covered by the purchase of stop-loss insurance. You can rest easy knowing that your employees, and your company, are protected.

A hedge against

RISING MEDICAL PREMIUMS

Insurance premiums have increased 61% in the past 10 years* and continued increases are almost assured.  On the other hand, claim payments are based on preferred provider  network fee schedules which historically experience fewer and less drastic increases.

TWO-THIRDS OF ALL PRIVATE EMPLOYEE BENEFIT PLANS ARE NOW SELF-FUNDED

Seventeen percent of covered workers at small firms, and 83% of covered workers

at large firms, are enrolled in plans that are either partially or completely self-funded.

Overall, 63% of covered workers are enrolled in a plan that is either partially or completely self-funded.

*Source: Kaiser/HRET Survey of Employer-Sponsored Health Benefits 2005-2015

 

Experience Protecting You

Cost Containment

Like purchasing a home, owning your benefit plans allows you to not only customize them to fit your needs, but to also build equity and enjoy the freedom that comes with ownership!


TRADITIONAL HEALTH INSURANCE premiums are paid whether or not the members enrolled on the plan actually use their benefits.  If your employees skip their physical exam or dental cleanings this year - premiums must still be paid.  In fact, Insurance companies are counting on your employees to not seek services because unused benefits equal profit to their bottom line!  Like renting a house, premium dollars paid out will never be returned.  

RISING MEDICAL PREMIUMS

Insurance premiums have increased 61% in the past 10 years* and continued increases are almost assured.  On the other hand, claim payments are based on preferred provider network fee schedules which historically experience fewer and less drastic increases.

OUR SERVICES INCLUDE:

Plan Development

We work with employers and brokers to custom design medical, dental and vision benefit plans to fit your needs.


Enrollment Management

We offer support at your initial and annual open enrollment meetings.

Plan Administration

A dedicated Account Manager is assigned to each plan. Real customer service agents, based in California, answer the phone when members call with questions.


Brokers / Consultants

We work closely with your trusted advisors to provide a simple transition and seamless benefits for your members.


Data Analytics

Our complete reporting package keeps you informed of your plan’s performance.  Your Account Manager will help to interpret the data to optimize your plan’s performance. 

  

Vendor Coordination

We interface on your behalf with the vendors needed to make your plan run smoothly.

 

Proud Member of:

661-616-4888

5701 Truxtun Ave # 100, Bakersfield, CA 93309, USA

HealthEdge Administrators is not affiliated with Healthedge Software, Inc. To visit HealthEdge software's website: www.healthedge.com