Of course, there’s no magic bullet when thinking through these challenges, but most industry experts have determined that a series of strategically placed interventions that are highly customized, thoughtfully executed, and carefully measured will provide the greatest chance of achieving success.
The average reimbursement amount for insurance premiums submitted over the last year was $573.14.
Transitioning a company to a self-funded model isn't always a silver bullet for employers in the long run. For many organizations, an individual coverage health reimbursement arrangement (ICHRA) is the better solution.
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This checklist will help you determine which of your clients will benefit most from a TPA and acts as a helpful resource for them to ensure a successful transition from a fully funded model to a self-funded plan.
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