Alternative Benefit Funding

A New Self-Funded Approach to Group Health Insurance

  • Allows mid-sized employers to take advantage of the same economic benefits that large, self-funded employers have utilized for years.
  • Shows promise to actually begin to reform health benefits costs.
  • Allows employers to utilize market forces to reduce medical fees.
  • Uses risk management techniques such as wellness programs that are often only used by large corporations.

Insurance News

Effective January 1, 2015, the Occupational Safety and Health Administration (OSHA) will require employers to report a work-related employee fatality within eight hours and amputation, inpatient hospitalization, or loss of an eye within 24 hours. Refer to OSHA’s website.

Recent News

GreenLight Pitch Competition in Port Huron

Blue Water area’s first GreenLight Pitch Competition finals, a competition created to encourage entrepreneurship, are set for Dec. 9 at St. Clair County Community College Fine Arts Theatre building.  The 10 finalists will pitch their business models at 5:30 | Read More

COBRA Notices and Marketplace Enrollment Period

The federal regulatory agencies issued a bulletin announcing an extended special enrollment period for individuals currently enrolled in (or eligible for) COBRA.  The special enrollment opportunity gives eligible individuals until July 1, | Read More

Blog Posts

Open Enrollment Checklist

Open enrollment can be a challenging time for HR staff.  Take a moment to review this document for the steps necessary to ensure a smooth implementation.  For a more detailed checklist that will | Read More

Top 10 COBRA Mistakes

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires that employers provide former employees and dependents who lose group health benefits with an opportunity to continue group health insurance coverage for | Read More