Self-Funded Groups 60% of your employees spend less than $1,500 a year on healthcare. TROXELL does not want your business to become an employer who doesn't meet their deductibles and ends up covering medical costs of your employees out of pocket. Gain control and lower health care expenses by moving to a Self-funded Health plan with TROXELL. What is a Self-funded Health plan? A health plan that the employer eliminates obligations to a health plan provider by assuming the financial risk for providing health care benefits directly to its employees. Self-funded Plan advantages: Reduces insurance overhead costs. Health Insurance Carriers assess a risk charge for insured policies (approximately 2% annually), but Self-insured Plans remove this charge. Reduce state premium taxes. Self-funded Plans are not subject to state premium taxes. Avoidance of state-mandated benefits. Self-funded Plans are exempt from state insurance laws, subject only to ERISA complaints. Choose benefits services a la carte. Flexibility in plan designs, administration and offered services. Customization of stop-loss insurance to reduce risk of high claims. Improved cash flow. Self-funded Plans do not have to pre-pay for coverage; claims are paid as they are due. Additional cash flow in reserves are to help in interest-bearing account. Contact your Group Benefits Insurance experts at TROXELL to see if a Self-funded Insurance plan is the right choice for your business. Check out what some of our loyal customers are saying about their experience with TROXELL: "The staff at TROXELL are always accommodating and have friendly service. They work with me for anything I need." "TROXELL has been an absolute pleasure to work with. Every person I've interacted with has been a blessing to me. There is no other company like TROXELL, and I believe in what they do and how they serve their communities." "Like most professions, the product is the same. The people make the difference."