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Analysis

Self-insured plans gaining among small businesses but declining overall

The passage of the Affordable Care Act led many employers to embrace self-funding plans to guard against rising costs.

Penny pincher Cost-saving options such as self-insured health plans, high-deductible health plans, wellness programs and other measures just aren’t bringing employers the kind of savings they expected. (Photo: Shutterstock)

Even as small employers are adopting self-insured health plans, large employers are exiting them, according  to a new report from the Employee Benefit Research Institute.

The report, “Self-Insured Health Plans: Recent Trends by Firm Size, 1996‒2016,” finds that the percentage of small employers—those with fewer than 100 employees—that offered self-insured plans increased from 14.2 percent in 2015 to 17.4 percent in 2016.

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Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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