Benefits of Self-Funded Company Health Insurance Plans

Self-funding is one of the most effective ways employers can control the rising costs of healthcare coverage.  While self-insured plans are most often associated with Fortune 500 companies, American Health and Wellness Group, due changes brought about by the Affordable Care Act, is able to bring that option to companies of all sizes. In the self-funded model, the  employer pays for only those claims incurred by their employees, instead of paying a pre-determined premium to an insurance carrier for a fully insured plan. Through its data-driven system that emphasizes wellness and provides the needed information to employers and employees, American Health and Wellness lessens that risk and lowers costs through promoting wellness.