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What Are the Disadvantages to Self-Funded Health Plans?

What Are the Disadvantages to Self-Funded Health Plans?

May 16, 2019 | Business Insurance Tips, Insurance Tips, Insurance Training & Seminars | 0 comments

The Society for Human Resource Management (SHRM), states that employers who self-insure health plans are directly responsible for paying medical claims rather than paying for conventional health insurance policies. A self-insured employer chooses its plan design and...
What Are the Advantages of Self-Funding Your Health Benefits Plan?

What Are the Advantages of Self-Funding Your Health Benefits Plan?

May 8, 2019 | Business Insurance Tips, Insurance Tips, Insurance Training & Seminars | 0 comments

According to an article by Collective Health, nearly 1 in 2 Americans – that’s 151 million of us – receive our health care coverage through an employer-sponsored health benefit plan. Of those, 3 out of 4, or about 108 million of us, receive health coverage through a...
Traditional vs. Self-Funded Health Plans

Traditional vs. Self-Funded Health Plans

May 2, 2019 | Business Insurance Tips, Insurance Tips, Insurance Training & Seminars | 0 comments

What is self-funding? According to the Health Care Administrators Association, in practical terms, self-insured employers pay for claims out-of-pocket as they are presented instead of paying a pre-determined premium to an insurance carrier for a fully-insured plan....
Not-At-Fault Car Accidents & Workers’ Compensation

Not-At-Fault Car Accidents & Workers’ Compensation

Feb 22, 2019 | Business Insurance Tips, Insurance Tips | 0 comments

Motor vehicle accidents are a leading cause of catastrophic injury and death to persons of all ages in the United States. Many of these motor vehicle accidents happen during the workday and involve people going to and from work or completing job-related tasks. If you...
What Do the Initials Behind My Insurance Adviser’s Name Mean?

What Do the Initials Behind My Insurance Adviser’s Name Mean?

Dec 31, 2018 | Business Insurance Tips, General Insurance, Insurance Tips, Personal Insurance Tips | 0 comments

There are many advisory positions where industry professionals have designations – doctors, lawyers, realtors, and your insurance adviser. Why? Because these industries require professionals to hone in on an area of expertise. You would not want to speak to a...
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