Self-Insured Group Health Plan

In a self-insured group health plan, an employer (or employers in the case of a MEWA association) assumes the financial risk for providing health coverage to plan participants. Outside services such as a Third Party Administrator may be used to perform various duties and activities within the health plan. A “stop loss” insurance policy may also be used to protect the health plan from excessive financial obligations resulting from a spike in medical claims.

For more information, see our article on self-insured health plans.