Applied Benefit Concepts specializes in several self-insured programs that help clients achieve the desired balance between risk assumption and cost. The primary vehicle for leveraging the benefits of self-funded plans is Stop-Loss insurance.
Under a self-funded medical plan, an employer chooses to pay employee medical claims directly out of company funds or through a trust. The employer plan is subject to catastrophic losses, on both an individual and aggregate claim basis. In designing the medical plan, the employer reviews how to protect the plan against catastrophic claim losses. Stop Loss Insurance is the coverage the employer purchases to protect the plan from such losses and transfer the risk to a carrier. Read more about ABC's Health/Stop-Loss protection.
To ensure additional cost savings for our clients, ABC also offers self-insured plans for Dental as well as an Rx Auditing service.