Self-Funded Health Plans
At Custom Design Benefits, we keep businesses competitive by managing risks associated with their benefit plans and reducing costs through self-funding. Simply put, we help our clients put their money back into their business. We do this by providing high quality, attractive benefit plans for employees that won’t break the bank. CDB offers complete administration of self-funded plans including:
Level-Funded Plan Options
- Medical with Pharmacy Benefit Manager (PBM) Integration
We partner with TPAC Underwriters to administer level-funded plans. These plans are designed for employers with 50-200 enrollees who would like a blend of a fully insured plan with stop-loss underwriting.
Hybrid Insurance Plans (HIP)
HIPs are employer-funded accounts used to supplement the primary carrier’s plan. HIP plans pay a portion of expenses directly to the health care provider. Each HIP plan is unique to the employer who offers it. HIP plans allow employers to offer an additional benefit to employees by making their health care costs more manageable.