Welcome to Ask an Adviser, EBN’s weekly column in which benefit brokers and advisers answer (anonymous) queries sent in by our readers. Looking for some expert advice? Please submit questions to askanadviser@arizent.com. This week, we asked Ben Conner, CEO of Conner Insurance, to weigh in on the following: Why is managing self-funded plan eligibility so risky?
Self-funded health plans are wonderful ecosystems that can be custom-built to the needs of both employers and their employees. It allows for an employer to choose different components that can enhance the benefit experience for employees, as well as allow them to manage cost-containment opportunities. There are many reasons why any employer with 50-plus employees should explore this avenue to deliver health insurance.
