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Given the discussion of self-insured health insurance plans, under what conditions would you expect a small...

Given the discussion of self-insured health insurance plans, under what conditions would you expect a small employer to become self-insured?

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Answer #1

A small employer would want to become self-insured based on the workforce demographics as becoming self-insured will either be more or less attractive. If the workforce is healthy and young that having it is beneficial in contrast to when the workforce is old and unhealthy.

When the company does not want to pay regular premiums to an insurance company and save substantially get an exemption from most state insurance laws and mandates, it will go for self-insurance.

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