Explore our Actuarial Services for Self-Funded Health Plans.
We Save You Time and Money. Self-funding your benefits gives you greater control over your healthcare expenses, resulting in greater cost savings and improved health outcomes for your workforce. However, navigating the complex and ever-changing landscape of self-funded health plans can be daunting. As experienced healthcare actuaries, we provide insights that help minimize financial risk, giving you peace of mind knowing that you are making informed decisions that align with your goals and budget, while ensuring that you’re staying compliant with relevant regulations and laws.
Determine your best options for self-funding your employee health benefits. We’ll help you explore different funding and contribution models, along with other cost-saving strategies to help develop solutions tailored for your group’s unique requirements.
What We Do
Plan Design, Pricing, and Rate Renewals
Analysis of goals, needs, market trends, and other drivers of healthcare costs for the purpose of enhancing your benefits while finding potential savings
Funding and Budget Projections
Ensure the stability of your health plan with funding and contribution models, along with other cost-saving strategies that align with your company budget
Reserve Setting for Future Claims
Actuarial modeling and analysis to determine future claims and minimize risk, including IBNR and claim stabilization reserves
Trend Calculations and Analysis
Identifying trends within your employee populations through utilization analysis pinpoints areas to effect positive changes
Request a Consultation
Could you be saving money and managing your benefit programs more efficiently?
As actuaries, we have extensive training in statistics, insurance, accounting, and finance and can quickly assess your benefit programs and circumstances to recommend strategies to help you be more compliant and efficient, while increasing your bottom line.