Using self-funded health plans to cut costs for company health plans

Published 4 Min Read

Providing employees with health insurance is expensive, but employers shouldn’t be passing those costs onto their workers through high-deductibles, says the CEO of health insurance company Centivo.

The New York-based company rolled out a new health plan last week that allows employers to adopt a self-insured model. The company claims their new offering will save employers 15% compared to traditional health insurance, and employees won’t have to pay a deductible. Centivo’s self-funded offering is available in New York, Orlando and Jacksonville — with plans to expand to other cities.

Kayla Webster
Freelance writer

Kayla Webster is a freelance writer based in New York City.


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