Self-Insured Health Plans for Small Employers

On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt welcomes Brian Marks, founder and president of Employee Benefits of Virginia, to discuss why more small and mid-sized employers are considering self-insured and level-funded health plans. 

Although these arrangements may provide opportunities for cost savings and increased transparency, they also bring additional responsibilities that many employers may not anticipate. Brydon and Brian break down how these plans work, key compliance and reporting requirements, common mistakes employers make, and what organizations should understand before making the transition from a fully insured plan.