Companies looking to take more control over their healthcare costs may choose to adopt self-funded plans, where they trade fixed insurance rates for direct payment of claims. While employers are forced to assume more risk for occasional hefty charges, they gain flexibility and tighter control over how their healthcare dollars are used. Not only can companies avoid excess spending that would otherwise end up as profit for insurance companies, but they also qualify for lower tax rates than other health plans, saving costs across the board.
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The Kelsey-Seybold DifferenceLower Costs on Group Health Insurance, Big Benefits for Small Business
At Kelsey-Seybold, we understand different businesses have different needs. We deliver long-term health benefits solutions for Houston employers through several leading partners. Our health plans offer as its core provider network and accountable care partner – the nation’s first NCQA-accredited Accountable Care Organization, Kelsey-Seybold Clinic.