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- Members contribute to a fund, which is conservatively invested and tracked by policy year. The group pays each policy year expenses (administrative, loss prevention, claims, reinsurance etc.) from the funds collected. The surplus and investment income is returned to those members who were participants in that program year.
- This program provides the medium size company the traditional opportunity that large self-insured companies have enjoyed for years.
- Self-Insurance has traditionally out performed the private, captive and high deductible program alternatives by 20 to 40%
Members are no longer at the mercy of the private insurance carriers and their cycles.
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