Self-Funded Medical Plan
             Is Self-Funding Right for You?

             News Article - Self-Funding Article ~ SPBA President


SAMPLE I:

  • $500.00 in network deductibles
  • 80/20 co-insurance
  • $15.00 Dr. office and Specialist co-pay
  • $500.00 co-pay Inpatient hospital services
  • $250.00 co-pay Outpatient hospital services
  • $500.00 co-pay Intensive Care Unit
  • $100.00 co-pay Emergency Room

SAMPLE II:

  • 0 deductible
  • 100% co-insurance
  • $15.00, $25.00 or $35.00 Dr. office and Specialist co-pay
  • $400.00 per year in wellness visits
  • $500.00 co-pay Inpatient hospital services
  • $250.00 co-pay Outpatient hospital services
  • $100.00 co-pay Ambulance services
  • $100.00 co-pay Laboratory services

*These are two examples of the endless ways to design a plan. Self-funding works well for large groups, since plan designs and premiums are based on Employer/Employee needs, wants and comfort.

Self Funded Explanation - Click for Details

Additional benefits such as Dental, Vision, Life to name of few, can be added from our many benefits available, to enhance an employers benefit package. Benefits can be offered either as a group benefit or on a voluntary basis.

 

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