What are the disadvantages of self-insurance?
What are the disadvantages of self-insurance?
Cons Provision of Services. Under a self-funded plan, you are responsible for carrying out all of the services that are typically done by an insurance company under a fully-insured plan. … Increased Risk. … Cancellation of Stop-Loss Coverage. … Recession/Weak Economic Cycle/ Claim Fluctuation. May 9, 2017