More small businesses turn to level funded health plans to manage health care benefit costs

Businesses are pursuing alternatives as they seek to manage the costs of providing health care benefits for their employees.

Employers are finding that they may be able to slow potential increases, or perhaps reduce their premiums, through insurance based only on the coverage used by their employees and their families. Self-funding plans are a common coverage choice by large companies, and similar alternatives are options for small businesses.

“Level-funded plans, offer employers the ability…