ComplianceMnthlyRecap MH 5.16.22

6 Reasons Self-Funded Plans Are Gaining Popularity

Posted by: Bill Olson    Aug 16, 2018 12:02:56 PM

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Since the ACA was enacted eight years ago, many employers are re-examining employee benefits in an effort to manage costs, navigate changing regulations, and expand their plan options. Self-funded plans are one way that's happening.

In 2017, the UBA Health Plan survey revealed that self-funded plans have increased by 12.8% in the past year overall, and just less than two-thirds of all large employers’ plans are self-funded.

Here are six of the reasons why employers are opting for self-funded plans:

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Topics: ACA, self-funding, Self-Funded, self funded health plans, small business, white paper, UBA white paper, small business health care options