Employer Services Offered through Participation with Western Providers

Employers who opt for self-funding enjoy the following advantages:

• Claims Process and Administrative Services Flexibility
• Plan Cost and Utilization Control
• Improved Cash Flow
• Choice of Service Providers – can limit the size/composition of the panel
• Flexibility in Plan Design
• Elimination of Carrier Profit Margins
• Lower Operating Costs
• No Medical Loss Ratio Requirements
• Uniform Regulations through ERISA

Consider these facts:

Employers have experienced a 36% increase in health care costs in the past five years, from $6,245 per employee in 2006 to $8,516 per employee in 2011, according to the 2011 Towers Watson/National Business Group on Health Employer Survey on Purchasing Value in Health Care. Employees have seen their share of the costs increase by 45%, from $1,834 in 2006 to $2,660 in 2011. Overall, costs have increased by 38%, rising from $8,079 in 2006 to $11,176 in 2011.