Alternative Funding

Find the Right Financial Fit for Your Benefits Program

With the costs of medical insurance continuing on their upward spiral, many employers are looking for creative and more aggressive cost control solutions. We have seen more and more of our clients turn to alternative funding to reduce costs and provide quality benefits to their employees.

Contact one of our experts to see if any of these programs are right for you.

Questions? Want to Know More? Contact Us
Webinar Registration
Read White Paper
3 Good Reasons to

Consider Alternative Funding

1.

Increase Cash Flow

2.

More Control Over Health Plan Design

3.

Reduce Taxes & ACA Fees

Key Funding Models:

Balancing Cost & Risk

Fully-Insured Level-Insured Partially Self-Funded Self-Funded
Typical Group Size 2+ Employees Varies by State 50+ Employees 100+ Employees
Degree of Risk/Reward Low Moderate Moderate to High High
Plan Design Flexibility Very Little Greater Greater Greatest

More Solutions

There are a variety of cost saving alternatives in the market. The experts at My Benefit Advisor can help you navigate your situation as well as help you understand and implement any of these options.

Premium Discounts

My Benefit Advisor clients can access unique plans and pricing for a variety of coverages and products through our relationships with carriers. Contact us to learn more about the specific options available in your area.

Group Medical Captive

Health insurance pool formed by companies joining together to manage claims and share risk. The result in the recent past is minimal increases at renewal.

HRAs & HSAs

Commonly paired with high deductible health plans, these accounts set up for employees that employers can contribute to in order to help pay for expenses.

Webinars

Because alternative funding solutions are often geared towards specific group sizes, My Benefit Advisor will be hosting two separate webinars to discuss the options available in more detail.

We encourage you to sign up for the session specific to your number of employees or contact us directly to schedule a one-on-one conversation.

Under 25 Employees

Monday, August 15
3:00pm ET

Register Here
Over 25 Employees

Wednesday, August 17
10:00am ET

Register Here
Contact Us

Learn More & Get Started Today

Our team is ready to help. We can talk you through ICHRA, how it can benefit your business, and answer any questions you may have. Complete the form at the top of this page to have a local advisor contact you.

Get Started

This information is designed to highlight various employee benefit matters of general interest to our readers. It is not intended to interpret laws or regulations, or to address specific client situations. You should not act or rely on any information contained herein without seeking the advice of an attorney or tax professional.

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