What Every Business Owner Needs To Know About Level-Funded Plans (Ep. 7)
Podcast: Play in new window | Download | Embed
Are you overpaying for employee benefits without leveraging their full potential? Discover how to make your benefits strategy work smarter, not harder with level-funded plans!
Ralph Weber dives into why group benefits shouldn’t just be numbers on a spreadsheet but powerful tools that can attract talent and secure your business’s future. Ralph unravels the advantages of level-funded plans, particularly for small businesses with fewer than 100 employees, which make up roughly 98% of all US businesses.
Ralph explores how level funding offers a blend of flexibility and cost-effectiveness unseen in fully insured plans, cutting through the confusion of healthcare regulations like the ACA.
Key conversation points include:
- (00:57) The difference between fully insured and level-funded plans
- (02:19) The financial impact of the ACA on small businesses
- (08:45) How level funding can offer significant refunds
- (12:23) Strategies for maintaining affordable healthcare coverage
- (25:23) Options beyond level funding for diverse employer needs
- And more!
Connect with Ralph Weber: