When you have 50 or more employees, self-funding coverage can be a great cost-saving solution. In a self-funded plan, the employer pays claims as they come in, which means a healthy workforce will generate low costs month to month. Costs may vary, but with stop-loss coverage, your annual costs will be capped. When your cash flow and risk tolerance are at a comfortable level, self-funded group medical can lead to significant savings compared to paying an insurance provider a set amount each month for coverage your employees may not use.
Employees with health insurance coverage through their employer benefit from lower costs and simplified enrollment in benefits. If your business is in the market for a new group medical plan, our team can connect you with coverage that works for the interests of your company and your workforce.
Check your state’s rules to make sure your company purchases the appropriate amount of coverage, and make sure you understand the fine print of your coverage. Our team can help you navigate this transition to self-funding group health insurance.
Whether you have a team of 20 people or 100 people, we can find the group medical plan that makes sense for the needs of your employees. Employer coverage is the source of health insurance that brings many employees the lowest premiums. Take care of your employees by providing them coverage options that easily beat marketplace health plans. Our team can help you compare your group medical choices and find the solution that will be best for the needs of your business.
Click the button below to get in touch with us. American Trustee Financial Services is here to help you discover the best plan to meet your needs. Contact us today to speak with one of our agents.
American Trustee Financial Services connects people with individual, family, and group health insurance plans. Plans that give you peace of mind to go about your daily life. See if you might be overpaying for health insurance today by scheduling an appointment with a trusted agent.
American Trustee Financial Services can help you invest in the health of your employees with group medical insurance. Book an appointment today to go over your options.