What is fully insured vs self funded?

What is fully insured vs self funded?

In a nutshell, self-funding one’s health plan, as the name suggests, involves paying the health claims of the employees as they occur. With a fully-insured health plan, the employer pays a certain amount each month (the premium) to the health insurance company. Jun 14, 2019

See also  Does Starbucks offer good health insurance?