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Is self-insuring right for my small business?

Published
  • April 01 2012, 1:00am EDT

Smaller employers have historically been hesitant to self-fund their health plans because they commonly perceive it as suitable only for large companies. Done right, self-funding an employee health benefit plan can be a smart long-term strategy.

Is self-funding the right choice for a smaller business client? Brokers can reach an answer by understanding the options in the marketplace and knowing the questions to ask their clients.

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