Self Funded Plans

 Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement whereby an employer provides health benefits to employees using the company's own funds, but protect themselves with Stop Loss Insurance.  By using this concept we were able to save a 220 employee company $200,000 and offer access to more providers.

The “level” of level funding refers to the fact that you self-insure the health insurance coverage, but pay a level or steady fee each month as determined by your TPA. Level-funded plans also come fully integrated with individual and aggregate stop-loss insurance.  If claims are lower than expected you can received a refund.   One 42 life group saved over $60,000 and had more access to providers.