How does a Self-Funded Health Plan work?
May 16, 2017 | Tina PellandIt’s not a complicated process. Companies considering self-funded health plans typically hire a TPA, like Varipro, to provide the expertise in developing and administrating a customized plan. Working with a TPA, an employer is able to provide benefits, paying health providers directly only as needed and fixed administrative costs monthly to their TPA. This model can represent significant cost savings to a company’s bottom line.
Learn more on our Varipro SmartSheet: What are Self-Funded Health Plans?
