In the eyes of a CEO from a successful TPA firm, employers are shifting from the mindset of passive buyers of standard employee benefits to proactive plan owners who are ready to take control with the added choices self-funding presents. Jay Kempton of The Kempton Group weighs in on why self-funding has grown so much, focusing on how this plan type removes the many layers in health care and empowers employees to be educated consumers. He explains how employees are bucking the notion of going into a procedure without knowing its total cost or the breakdown of charges and that the homework they’re now doing leads to better value in quality and price. Kempton shares what makes self-funding the complete package solution by accentuating true savings with net spend (because how much does a PPO discount really get you if the price started out way too high?). Listen to Kempton’s perspective on self-funding success in this podcast.
For more information or to contact The Kempton Group, visit www.kemptongroup.com or call (405) 521-1711.