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TPA Controls High Claimant Costs through Claims Management, Early Detection

Mar 17, 2017|0 Comments

A study shows that claimants who accumulate $50,000 or more in annual benefit costs represent nearly a third of total spending as it relates to employers’ health plans. What can be done to help contain these high costs? Third party administrator (TPA) MedBen explains how READ MORE>

Success in Self-Funding

What’s Actually Working for Employers in Controlling Health Plan Costs

Today’s health benefits landscape is more challenging for employers to navigate than ever before. Yet, there’s a reason why nearly 70% of employees who have health coverage in the U.S. are now enrolled in some sort of self-funded plan and why that number is growing – they work. It’s that simple. Companies of all sizes and types, including public entities, are finding this to be true as they make the switch from the more limited fully-insured plans to the added flexibility and customizable health benefit options self-funding offers. The goal of this website? To showcase success stories from the employer-entrepreneurs who are experiencing the savings because of their self-funding efforts and from the SPBA-member third party administrators (TPAs) who are the facilitators in making these success stories happen.

NEW to the concept of self-funding?

Here’s a quick introduction:

Self-Funding 101

Recently Submitted Articles:

The most recently posted real success stories about self-funded plans and how they’re working, as shared by the third party administrators (TPAs) who manage them.

Flexibility, Savings & Engagement: 3 Reasons Employers Choose Self-Funding

Dec 16, 2016|0 Comments

As more companies consider the move to self-funding, Tom Doney and team at Cypress Benefit Administrators are regularly fielding questions about what kind of advantages these health plans can offer. This prompted the third party administrator (TPA) firm to put together a whitepaper that serves READ MORE>

Employers Weigh In: 10 Main Benefits of Self-Funding

Sep 8, 2016|0 Comments

As president and CEO of The Kempton Group since 1992, Jay Kempton works closely with self-funded (self-insured) employers on a regular basis and has been part of many insightful conversations with them about what makes their health plans so effective. In this article, he shares READ MORE>

Read more of our articles: Self-Funding in Action …

In The Industry:

A sampling of employee health benefits industry articles, with an emphasis on self-funding-related topics and perspectives.

Cognitive Health Systems Provide Custom Analysis for Employees

Apr 28, 2017|0 Comments

With the healthcare price tag rising to $10,000 or more a year per person, employers and healthcare providers looking to lower costs and help employees manage their health are turning to big data and analytics to better handle surging costs…. cognitive health systems … integrate patient-level data from health records and other sources to create a better picture … at the individual, group and population level in order to improve patient outcomes. READ MORE

Newly Published Pieces Summarize How Self-Funded Benefit Plans Are Regulated

Apr 27, 2017|0 Comments

SFS News Release: Newly Published Pieces Summarize How Self-Funded Benefit Plans Are Regulated – Designed to be an informational tool for consumers who are exploring how self-funded health benefits work, the Self-Funding Success website has recently published two new resources… READ FULL RELEASE

Read more of our Industry Articles …