Self-Funding Options for Schools, Cities and Counties

Many schools, cities and counties, big and small across the country are finding that moving to Self-Funded, or Self-Insured health plan provides them with more control over costs. In these types of Health Insurance plans, an employer assumes some of the financial risk of providing health care benefits to its employees. Both employer and employee contributions toward the plan generally go into a reserve fund that is used to pay claims. In order to help manage claims dollars and cover unexpected, catastrophic claims, employers generally insure the risk at a certain level with Stop Loss Insurance (also called Reinsurance). This protects the financial integrity of the plan and therefore, the employer’s costs. To learn more, download one of the resources below.

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