Benefit Management Administrators – BMA
Dental care is underrated, and studies show that regular dental visits enable early detection of serious medical conditions. Employers can offer valuable dental benefits without large premium losses. By self-funding dental benefits, employers can achieve cost savings and other benefits …
The value of self-funded vision and dental is often overlooked. Yet these relatively inexpensive benefits bring about big value, both in the short and long term. Here are the top value-adds that you’ll “see” when you implement self-funded vision and …
Being afraid of self-funding is like being afraid of the dark – once you turn the lights on, you realize there was nothing to fear in the first place. Let’s look at the things that appear to be spooky about …
Self-funded benefit plans save employers a lot of money. But how does that savings happen? While self-funding produces savings in some obvious ways, there are other savings avenues that you may not be as familiar with. Here are the top …
BMA helps employers realize cost savings through design and management of self-funded employee benefit plans. As a result, employers are at ease knowing that they’re offering value-added benefits without breaking the bank. Want to know how we do this? Outlined …
In our previous blog, we talked about why self-funding has become a highly-valued benefit plan option and what self-funded plans do for employers. Now let’s talk about how self-funding helps employers cut employee benefit costs, manage risk, and mitigate the …
Self-insurance is a wildly successful way to fund employee benefits, yet there is still so much unknown about it. In this two-part blog, we’re going to take you through the whats, whys, and hows of self-funding. You may be surprised …
Self-Funding: Fact vs. Fiction Despite the rapid adoption of self-funded plans, there are still many misconceptions about self-funding. Let’s debunk some of the top myths about self-funding so you can better discern between fact and fiction. Fiction: Self-Funding is only …
Dental care is underrated, and studies show that regular dental visits enable early detection of serious medical conditions. Employers can offer valuable dental benefits without large premium losses. By self-funding dental benefits, employers can achieve cost savings and other benefits …
As healthcare costs continue to rise, pricing transparency is becoming a bigger demand from employers. For years, the actual costs of healthcare have been vague and virtually inaccessible to employers; however, now they’re becoming more available through reference-based pricing. Reference-based …
Despite the busyness of this enrollment season, it’s important to take time to be thankful. But who says you can’t do both at once? As we approach Thanksgiving, we wanted to share why employers are thankful for self-funding, and why …
Level-Funding offers several strategic advantages for small to mid-size employers. It combines the simplicity of a fully insured plan with the cost savings and flexibility of self-funding. But for groups currently in a fully insured arrangement, the path to self-funded …
Switching from a fully-insured plan to a self-funded plan has the potential to create huge savings for an employer. Here are some basics facts about self-funding to help you determine whether you should give self-funding a try. Question: What is …
Level Funding (Bridge Product) BMA Offers the ultimate product for employers seeking a simple way to move from a fully insured group health plan to the benefits of a traditional self-funded medical expense benefit plan. Level funding, also known as …
Self-funding is best known as a funding vehicle for employee benefit plans, especially health coverage. Self-funding is also broadly used for such things as Workers Compensation and Property & Casualty coverage, but the governing laws & focus are so different …