Traditional health plans require companies and employees to contribute a fixed premium each month toward their healthcare coverage – regardless of whether the employees actually have claims that meet or exceed the monthly premium amounts.

Self-funding offers a distinct advantage by allowing companies and employees to pay fixed premiums while still retaining claim funds that were not utilized, enabling both parties to save significant amounts on their healthcare-related expenses.

Should actual claims exceed cumulative administrative and claims costs, a special “Stop-Loss” insurance covers those claims, ensuring that overall costs stay low…and savings stay high.

The advantages offered by obtaining self-funded employee benefit programs through American Plan Administrators include:

American Plan Administrators has been helping employers and employees strategically maximize the value of their healthcare-related expenditures for over a decade and reducing health plan policy at a time