Self-Funding in Action
Actual Savings Examples
How Self-Funding Leads to Bottom Line Savings
The articles organized here include real examples of actual savings employers and plan sponsors have realized through self-funding. They show how partnering with an experienced, comprehensive-service third party administrator (TPA) can have significant benefit on a company’s bottom line.
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.
4 Ways to Transform Plan Data into Healthier Employees & Reduced Health Care Spend
When it comes to health plan management, the stakes are high – and the risks are even higher. Data is a self-funded gold mine. But employers need to act on the data they have. With so much information to analyze, [...]
Data Proves Key as Plan Cuts ER Costs by Nearly 50% Over Three Years
The combination of working with a TPA to better understand the health care usage habits of your employee population (through plan data analysis) and having the flexibility to make plan adjustments when needed is a big benefit of the self-funding [...]
A Proactive Approach to Plan Data Lowers Number of ER Visits
Having access to plan data is a unique advantage in self-funding that gives employers the ability to identify cost-driving trends and make the necessary adjustments to address them. Nova Healthcare Administrators, Inc., shares an example of how this diligent data [...]
Thorough Claim Review Leads to At-Home Treatment Solution that Saves Nearly $100K Per Year for Individual Member
One thing that’s often a real difference maker for self-funded clients is the emphasis that’s placed on health claim review. As third party administrator (TPA) MedBen noted in a recent blog post, the savings opportunities identified can be quite substantial [...]