Strictly Business: Level Funding and Is It Right for Your Business?
Level Funding is creating major buzz in the small group health insurance world. You may have even heard claims that these plans allow you to cut your health insurance premiums in half. While this may be possible, it’s important to be well informed about how level-funded plans work. They are not a good fit for every employer.
Level Funding brings the advantages of self-funding to small employers with the added benefit of stable monthly costs. This allows small employers to have access to the financial rewards of self-insuring with protection from catastrophic claims. Level Funding is ideal for companies with a healthy and engaged workforce.