Understanding Self-Insurance

Fully Insured is much like renting a house. If the roof leaks, the landlord will come to fix it, but you never keep any of the equity.

Self-funding on the other hand shifts the risk and reward to the employer. Dishwasher breaks? That's on you. House runs great for a year? All that equity is yours to keep.

Stop-Loss is the home owners insurance. It's not going to cover a small claim. But if there is a fire, after you pay a big deductible, its got the rest covered.

Self-funding does not always make sense for every group. Some landlords are charging their tenants too little and it still makes sense to rent.

All things we consider when evaluating your program.