Tuesday, May 21, 2013
AKAMAI MONEY
Self-funded health care may save companies money
By Judy Boyle Chun
POSTED: 01:30 a.m. HST, Sep 11, 2011
~~<p><strong>Question:</strong> When does it make sense for a company to fund its own medical benefits for employees?</p>
<p><strong>Answer:</strong> There are four primary reasons to consider self-funding medical benefits. They include a potential for cost savings and cost mitigation; increased control by financial and human resource professionals; plan design flexibility; and exemption from burdensome state and federal regulations.</p>
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Question: When does it make sense for a company to fund its own medical benefits for employees?
Answer: There are four primary reasons to consider self-funding medical benefits. They include a potential for cost savings and cost mitigation; increased control by financial and human resource professionals; plan design flexibility; and exemption from burdensome state and federal regulations. Login for more...
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