StarrWellnessToday I took the �rst step to a better me

®

Insurance & Risk Solutions

Self-Funding AdvantagesSelf-Funding Advantages

Our vision is to lead in the creation and delivery of Risk Reducing Services and Insurance Programs for our clients,

improving their Total Risk Wellness.

5005 Loomis Road, Greenfield, WI 53220 Phone: (414) 421-3800 Fax: (414) 421-6145visit us at StarrGroup.com

Learn the BenefitsWhen it comes to Self-funded plans, there are numerous advantages over fully-insured plans. Self-funded plans:

• Save 3% because you incur no premium taxes in Level or Self-Funding.• Avoid ACA dictated premium rate ratio of “single” being 1 and “family” being 3. To meet Affordability Provision, a self-funded employer can tie the rate ratio to match their design decision objectives.• Allow movement toward a defined contribution approach.• Provide full access to claim data by month, as well as underlying cost driver data.

Uncomplicated PlansSelf-funded plans are less complicated than you might think. Compared to fully-insured health plans, self-funded plans are:

• Not required to participate in risk-adjustment system.• Not subject to Medical Loss Ratio provisions of ACA, nor the ACC annual insurance fee that began in 2014.• Not subject to deductible limitations under the Essential Health Benefits guidance.• Not subject to insurance reserve requirements.

Because self-funding is an ERISA plan for private sector employers,employers do not have to conform to State Mandated benefits.Additionally, self-funding allows employers to maintain their claims administrator and replace all other elements such as Stop Loss Coverage, Wellness Vendor, PPO Network, Pharmacy Benefit Manager, and more.

Savings YOU Keep!There are plenty of questions when it comes to self-funded plans, and The Starr Group has the answers you need.

• Plan savings are retained by the plan sponsor and their employees, NOT the insurance company.• Wellness plan savings are retained by plan sponsor and their employees, NOT the insurance company.• Benefit plans are customizable and flexible resulting in the best practices and best fit for the population at risk —and we can prove it!

The Starr Group is here to help you develop the BEST health care plan for your company and your employees.Call us today! 1.414.421.3800

“Without data, you are just

another person with an opinion.”

—Dr. W. Edward Demming