INTRODUCTION
Employers
can reduce insurance premiums by becoming self-insured.
You control the money, not the insurance company. The reasons
to self-fund include:
- Customized benefits
- Lower costs
- Elimination of carrier profit margin
- Elimination of premium tax
- Return on investment for reserves
- Control of claims costs and utilization
- Improved cash flow
- Avoidance of mandatory benefits
- Effective risk management
If you are concerned about saving money, it is important
you contact the experts at TriState Benefit Solutions
(TBS) for your third party administration needs.
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