The Right Turn for Your Benefits™ Self-Funding

Publisher: 90 Degree Benefits

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The Right Turn for Your Benefits™ Self-Funding

A partially self-funded medical plan is one in which the employer assumes some of the risk for providing health care benefits to its employees. The employer chooses to fund its own benefit plan with the assistance of excess loss coverage. When losses are sustained by the employer in excess of the limits established in the excess loss coverage, the insurance company issuing the excess loss policy will reimburse the employer