{"id":9560,"date":"2020-06-09T15:49:50","date_gmt":"2020-06-09T19:49:50","guid":{"rendered":"https:\/\/roundstoneinsurance.com\/?p=9560"},"modified":"2023-01-04T09:34:10","modified_gmt":"2023-01-04T14:34:10","slug":"why-the-switch-to-self-funded-is-easy","status":"publish","type":"post","link":"https:\/\/roundstoneinsurance.com\/excelsior\/blog\/why-the-switch-to-self-funded-health-insurance-is-easy\/","title":{"rendered":"Why the Switch to Self-Funded Health Insurance is Easy"},"content":{"rendered":"\r\n\r\n\r\n

There\u2019s been a steady increase<\/a> in self-funded health insurance plans over the past two decades.<\/h2>\r\n

Why is that? Well, for starters, employers can save 20% year over year on your healthcare spend. Saving that kind of money is an easy choice!<\/p>\r\n\r\n\r\n\r\n

If you are under the impression that the easiest thing to do is nothing, keeping your high fixed cost insured plan, get ready, you\u2019ll likely see a double-digit increase every year that you can\u2019t control. Is it worth a little bit of effort to gain valuable insight and save a substantial amount of money? What if the next easiest choice was to make a change that requires some effort, but saves you 20% off a top business expense? This could add up to millions of dollars over the ensuing five years.<\/p>\r\n\r\n\r\n\r\n

Self-funded health insurance offers a multitude of cashflow benefits<\/a> to your company when compared to a high fixed costs plan. It may seem easier to keep your high fixed cost plan, but later on you\u2019ll be faced with some hard choices. The choice of doing nothing will undoubtably negatively impact your company\u2019s growth, and also shifts more costs onto your employees!<\/p>\r\n\r\n\r\n\r\n

We\u2019re here to make your transition to savings as uncomplicated as possible with a turnkey onboarding process, simple employee navigation tools, and easy-to-access outreach resources.<\/p>\r\n\r\n\r\n\r\n