Employer


MVP Select Care - Self Funding

Self-funding with MVP may be an excellent option for employers and Labor/Trust Groups looking for a more affordable health benefits plan than the fully insured approach.

Why Self-Fund with MVP Select Care?

Self-funded benefits can put you in control over managing the cash flow and cost of your health care benefits program. It's a "pay-as-you-go" approach that–very simply put–allows you to pay claims rather than premiums. By self-funding, you may be able to lower costs, earn interest income on any unclaimed reserves, and also design your own customized health benefits packages. In fact, self-funded benefits are an alternative every large company/labor group should at least consider.

With the right health care partner, a self-funded benefits plan can:

  • Save you money
  • Give you flexibility in the benefits you offer through EPO or PPO plans
  • Enable you to reinvest your savings into higher quality benefits
  • Attract and retain employees/members in a competitive labor market
Self-funding is a strategy that can make a lot of sense for you – given a health care partner like MVP Select Care. We have extensive experience and connections, the ability to provide integrated disease management and wellness programs, and an unmatched reputation for customer service. MVP will provide you with a single-source approach to help reduce your company's health care costs and benefit services.

Advantages of Self-Funding with MVP

  • MVP is a name your employees know, and has a reputation doctors and hospitals trust
  • Our longstanding positive relationships with providers mean favorable rates for you and seamless service for your employees
  • Choose from our proprietary, credentialed, multistate network or our national network solution 
  • Your health care costs can be much lower than those associated with a typical commercial health plan
  • You have greater flexibility in designing Wellness and Population Health strategies and incentive programs
  • You get to customize a benefit plan, and are not required to bundle in state-mandated benefits
  • You have greater control over your health care dollars, year after year, because your costs are based on your employees

 

Contact MVP now to learn more about what we can do for you and your company.