The cost of insurance is ultimately the amount of money taken out of the system by way of fees, taxes, overhead, and profits. The very first thing we talk about is not price, but expense levels, volume discounts, and minimum loss ratios. In the long run, low expense levels and minimum loss ratios will compete very favorably with insurance company profit margins and lead to lower stop loss insurance costs.

Claims, the largest cost for a self funded employer, can be addressed through Advanced Health Engagement that includes health assessment questionnaires, automatic price negotiations on prescriptions, predictive modeling, and employee engagement.