Self-funding is a viable strategy for more and more employers

Smart Business | 1 Mar 2017

Almost every employer that offers a group health benefit program is searching for methods to lower the company’s spending. To cut health insurance spending, employers can modify plan designs, change insurance companies and shift more costs to employees. These methods, however, often only provide a temporary Band-Aid solution, rather than a long-term strategy to effectively and efficiently manage an employee benefits program.