Leveling the Self-Funding Field
admin2017-07-19T14:11:24+00:00It used to be that self-funding was limited to only the largest companies that could afford the manpower to administer their own plans. Not anymore.
It used to be that self-funding was limited to only the largest companies that could afford the manpower to administer their own plans. Not anymore.
Preventive care is vital to keep your employees healthy. They stay healthy, you save on health care costs—It’s a win-win for employees and employers.
Diversified Group believes that self-funded plans are the most cost effective and transparent health insurance option for most companies. Not only have we been administering self-insured health plans for 50 years, we have a self-funded medical plan for our organization. As a third party administrator (TPA), we provide comprehensive and cost effective solutions that help [...]
MyHealthGuide Source: Kevin Weinstein, 4/28/2016, Valence Health – To view this article in the MyHealthGuide e-newsletter, please click here. Valence Health, a leading provider of clinical integration, population health, and value-based solutions and services, and the American Society for Healthcare Human Resources (ASHHRA), announced new research indicating that healthcare providers increasingly use their employee health [...]
Thank you to ASG Risk Management, Inc., a Diversified Group partner for many years, for featuring us on their MGU Perspectives Blog. We appreciate your recognition and our relationship. Featured on the MGU Perspectives Blog, Compliments of ASG Risk Management, Inc. For those of us in the risk management business, we know our work involves [...]
On March 11th, principals of Marlborough, Connecticut-based Diversified Group, participated in a lobby day in Albany, New York. The grassroots effort, organized by the Self Insurance Institute of America, was held to give SIIA members and allied stakeholders an opportunity to communicate directly with key legislators about the need to protect the ability of employers [...]
Many fully-insured organizations, negatively impacted by PPACA and hearing more and more about the benefits of self-funding, are looking to their advisors for information on self insurance. Often, these companies are told that they can easily move to a partially self-funded plan with their same carrier and there's no need to involve a TPA. This [...]
In the June issue of Self Insurer magazine, Brooks Goodison, President of Diversified Group, was asked to weigh in on the recent buzz surrounding private exchanges. His observations provide an opposing viewpoint and insight from a third party administrator (TPA) dedicated to helping client groups identify and attack the real causes of spiraling health care [...]
Healthcare reform is driving more and more organizations to consider self-funding as a more effective and affordable alternative to traditional fully-insured employee benefit plans. How do you know if a self insured plan could be right for your organization? Here are 4 simple questions to ask yourself... 1. Have your healthcare costs increased? Any time [...]