To self-fund or not to self-fund, that is the question. As the fully insured market continues to get slammed by unreasonably large rate increases, more employers are looking to self-funding as an opportunity to escape the chokehold of ever-increasing premiums
Self-insuring the health plan opens an employer to great opportunity, but looking to self-funding as the ultimate destination may bring great disappointment.
Switching one insurance carrier for another isn't solving your client's problem. You are merely selling your clients product which is the health-insurance equivalent of re-arranging the deck chairs on the Titanic.