SELF-FUNDED HEALTH PLANS

With the rise in healthcare premiums, employers are turning away from traditional fully insured plans and

becoming self-funded to save thousands in premiums along with many other benefits.  

In 2015, 63% of covered workers were enrolled

in a health plan that was either partially

or completely self-funded.

This increase from 49% in 2000, can be attributed to

   - rising insurance premium costs,

   - employers' frustration with fully insured plans,

   - limitations of plan design,

   - lack of cost containment efforts,

   - inferior customer service from insurance companies, or

   - inaccessibility of data about employees’ health needs.

 

This upward trend in self-funding shows a strong desire by employers to have more control over cash flow and plan design (benefits) -- the two main differences between fully funded and self-funded plans.

 

Self-funded plans offer solutions to address these issues and allow improved cash management and controls for the employers.

Crucial to the success of any self-funded plan is the selection of a contract plan administrator, commonly known as a "Third Party Administrator" or "TPA".  Integrity Administrators has a long enviable history in the Self Funded administration field.

 

SERVICE, SERVICE, SERVICE

 

Integrity Administrators has provided superior services to firms ranging from 2 employees to associations which are responsible for the health care needs of thousands of individuals.  Because of this, Integrity Administrators has considerable expertise and insight into understanding the complexities of diverse industries while developing self-funded plans for companies just like yours. 

 

In today's fast-paced world, there are few companies who can spend time on the management of ever-changing health care environment, government regulations, and informational needs.  Integrity Administrators' goal is to make employee benefit administration as streamlined and efficient as possible, with up-to-date information accessible as soon as it is needed.  Our staff is trained in claims processing and enrollment, eligibility verification, plan and management services, data processing, risk management, marketing and communications.  Our goal is to save you time and money by providing the very best administrative services availiable anywhere.

 

 

               Click here for a side-by-side comparison of a fully insured plan vs. a self-funded plan.  

 

                                Click here to learn more about self-funded savings.

 

                                                 Click here to learn more about launching your own self-funded plan.

Phone 800.562.9383    Fax 916.921.3383

Contact Integrity Administrators, Inc. for more information at 1.800.562.9383 or use the Contact Us tab. 

Integrity Administrators, Inc.

 

EXCELLENCE IN THIRD PARTY ADMINISTRATION

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Source of Percentages: Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 2000, 2015.