Check Out Pat's Latest Article on the "Pro's and Con's of Self Insurance" in HR Executive Online

Article abstract:  Employers are continuously searching for ways to reduce employee-benefit costs while still providing competitive plans. One option employers should consider is self-insurance. Traditionally, self-insurance has been utilized by large employers with at least 1,000 employees. However, medium-sized employers with as few as 200 to 250 employees should also consider this funding alternative.

Self-insuring a medical plan differs from the traditional insured plans in a few key ways. In a self-insured plan, the employer pays an administration fee (usually a fixed fee per employee) to a third-party administrator to adjudicate and pay claims to providers.

Link to full article:  http://www.hreonline.com/HRE/story.jsp?storyId=533342221