Self-Funding

Self-Funding

The CBA Advantage

Providing a self-funding option to your current and future group clients.

CBA has several self-funding partners/plans available to you and your clients with multiple plan designs and price points, including Referenced Based Pricing (RBP) options, to help your clients make the move to level/partial self-funding for their group benefit plans.

Getting quotes from multiple carriers/TPA’s can be a daunting task as the advisor for your clients with various formats and terminology.

CBA can make your job much easier:

CBA is well-versed in the structure and implementation of level-funded insurance. We help you position level-funded plans to the right clients, so you can close more sales.

CBA has strong ties with carrier/TPA networks to help guide you in choosing the right level-funded insurance carrier/TPA for your clients’ needs. Plus, our deep knowledge of carrier processes can make selling level-funded health insurance plans a seamless process.

From helping you with preliminary quotes and submitting applications to underwriting and assisting with the renewal process, our full-service general agency is here to help make sure your cases are submitted accurately and on time.

We make it easy for you by obtaining multiple quotes.

We provide you a quick glance summary of the plans and monthly costs offered by each of our self-funding partners so you don’t have to wade through multiple pages of brochures and documents to help you advise your client on whether self-funding is the right solution for them, so you don’t have to wade through multiple pages of brochures and documents unless you want to.

Helpful Information

Quote Request (info needed)

CBA has the following outlets/partners for self-funding to offer you and your clients multiple plan options and price points:

Amerishare (ATA) – Administered by American Trust Administrators (ATA)
Health-e-Choices, Administered by Regional Care Inc. (RCI)
IHC Simplified Funding Concepts – Administered by Allied Benefit Systems
TCC Benefits Administrator – Administered by TCC Benefits Administrator (TCC)
National General – Administered by Allied Benefit System

All plans can be quoted and written if the total number of full time ee’s (30+hours/week) are at or above 20(NC) and 10(SC) but enrollment is less than that number.

Each plan requires underwriting that can result in 1) Offer 2) Rated up offer 3) Decline- See Summary of Features for details.

Please note: self-funded plans are not for every group. If a group has employees or dependents with serious ongoing medical conditions, a fully insured medical plan may be a better option.