Sponsored Content provided by Dane Scalise - General Counsel , GriffinEstep Benefit Group
Everyone should have health insurance, but there is no getting around the fact that health insurance costs businesses and employees a lot of money. Just like any other line-item in your budget, you would obviously prefer to pay less rather than more for health insurance without sacrificing quality. Thankfully, there are indeed various methods to achieve this desired outcome. For instance, perhaps you have heard of other companies choosing to self-fund their health insurance. But what exactly does that mean? And would self-funding be a good fit for your company? These are big questions, but I attempt to provide a brief overview of health insurance self-funding in this article.