About Business

Self Insured Insurance

At Imagine360, we offer self-funded health plans that give employers more control over their healthcare costs. Unlike traditional fully insured plans, self-funded insurance allows businesses to directly fund healthcare claims, providing flexibility and potential savings. Employers pay for claims as they occur rather than paying predetermined premiums to an insurance carrier. This model can help reduce administrative and tax expenses, which can account for up to 20 of the cost in fully insured plans. Self-funded plans also offer greater visibility into plan performance, enabling businesses to manage costs effectively. To mitigate risk, employers can purchase stop-loss insurance to cap their liability in case of large claims. Ideal for medium-to-large companies, this solution allows for custom benefits tailored to employee needs.