As employee health care prices rise, many companies are looking at new ways to take control of these costs. Self-funded plans are an alternative that can reduce costs while providing plans tailored to employees’ needs.
Self-funding is on the rise. 59% of companies in the United States self-fund their plans.
No longer just for large corporations. Self-funded plans from The Health Plan can cover companies with from 25 employees up to employees.
Control costs. Pay medical claims as incurred, or deposit expected costs each month. After the claims are paid, keep the yearend difference while stop-loss insurance protects from catastrophic claims.
Personalize your plan. Mimic the structures and benefits of your current plan, or build a custom plan to fit your company.
Access to national PPO networks. As a trusted third party administrator, THP gives access to a wide variety of respected doctors and hospitals.
Preventive services are the key to wellness. Our broad spectrum of wellness services focus on promoting healthy lifestyles.
The Health Plan’s telehealth program, powered by HealthiestYou, gives members exclusive access to a physician over the phone, 24 hours a day. This benefit has the potential to save employees and employers money.
Self-funded plans are operated by the employer, not a health insurance company. This could mean more flexibility and cost-containment and usable data.