A level-funded plan is a self-funded arrangement packaged to feel like a fully insured one: the employer pays a fixed monthly amount covering claims funding, stop-loss premium, and administration, with a potential year-end refund if claims run low. It’s popular with small and midsize employers.
Level-Funding
A level-funded plan is a form of self-funding packaged to feel like a fully insured plan, with a fixed monthly cost and a possible year-end refund. These FAQs explain how it works.