The article below was published on September 5, 2017 by Employee Benefit News, written by Arthur Jonokuchi. When it comes to healthcare plan administration, ASOs (administrative services only) say they offer a big discount to self-funded plans. If you look closer, however, you’ll see that they actually do come with a cost, both monetarily and [...]
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 [...]
In an earlier post, we discussed the key differences between TPAs and ASOs, and why you should know these differences if you're currently self-funding or considering self-funding your group health plan. For those of you unfamiliar with these terms, an Administrative Services Only (ASO) firm is a division or wholly-owned subsidiary of a national health [...]
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 [...]
