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1. Risk tolerance
Self-funding has cost outlays beyond the administrative fees and claims. There are a multitude of potentials fees and charges, many of them designed to save you money in the long run. But, they are still costs and often require upfront funding. For example, stop loss (also known as reinsurance) helps mitigate the financial risk associated with self-funding. Disease management, wellness programs, and other utilization review options also exist.