SELF-INSURED PROGRAM EVALUATIONS

Instead of purchasing health insurance from an insurance company and paying the insurer a per-employee premium, the employer acts as its own insurer. With a self-insured plan the employer bears all the risk, so it is often necessary to contract with a proven company such as OCP to ensure your self-insured program is a success.

OCP can evaluate your current program or do an initial evaluation of your company to determine if the self-insured program is right for you.  OCP has the expertise to assist you in choosing the program that is most effective and sustainable.  

Is there adequate capital to ensure your self funded program has longevity? We provide structural and financing advice, reviewing the amount of exposure retained versus fully insured, overall funding indications, and funding allocations to profit centers. This is accomplished while working along side your current in house plan administrator to fully realize the past, present and future of your program. This collaboration unlocks the potential savings of a true self funded program by understanding the cyclical nature of your companies program and employees.