Self-Funding in Action
Employer Savings
Significant Savings Opportunities with Self-Funding
How does a self-funded plan implemented through an independent third party administrator (TPA) help an employer realize significant savings? This page provides real examples. Read through them to see how things like plan design and employee benefit customization factor in.
For a full listing of all articles and topics featured, visit our Self-Funding in Action Archive page. Or feel free to browse other topics by clicking on any of the categories to the right (or below if on a mobile device).
Please stop back or bookmark this page … we will be updating content on an ongoing basis as TPAs share their stories related to self-funding success.
Forward-Thinking Employee Benefits Lead to More than $2 Million in Savings and Healthy Outcomes for Plan Members
When offering health benefits to employees, employers face the risk of experiencing high-cost claims if plan participants are diagnosed with a serious illness or disease. Self-funding allows the flexibility to plan for these situations … proactively. In this example, Tom READ MORE>
How Self-Funded Employers Are Saving Up to 30% with Reference-Based Pricing
Searching for a solution that would offset fast-rising healthcare costs and provide more savings than a traditional PPO discount, Custom Design Benefits introduced a reference-based pricing (RBP) program for its self-funded plans that is returning great results. When compared to READ MORE>
Price Transparency a Factor as Self-Funded Employers Realize $10 Million in Savings
Appearing as a guest on an episode of The MiddleGround, Jay Kempton discusses why his Midwest-based TPA firm became involved with the movement toward price transparency in self-funding and how it helped contribute to nearly $10 million in savings by READ MORE>
Streamlined Operations Make Acquisitions Easier & Reduce Benefit Costs by 22%
As a national communications company began to experience rapid growth and multi-state acquisitions, it needed to streamline its benefit process among all locations and ensure a seamless transition for new employees joining the plan. The solution? Make the switch to READ MORE>