Best Practices
Our RFP process typically requests that health insurance vendors provide both insured and self-insured quotes for any group with over 1,000 benefit-eligible employees. We extract each component of the self-insured and insured bids and complete a side-by-side comparison. By analyzing each component of the underwriting process, our clients are able to identify the risk factors included in both insured and self-insured bids and make a final decision based on clear financial indicators.
For additional information on self-insured plans email Piper McNealy at info@bosben.com, or call us at 617-570-9100.