Unveiling the Key Differences between Level Funded and Self Funded Plans
Discover the differences between level-funded and self-funded employee health insurance plans.
Non-grandfathered health plans (i.e., health plans issued on or after March 23, 2010) are required to cover in-network preventive services at 100% with no cost-sharing to a member. This is a requirement that was imposed by the Affordable Care Act (ACA). The preventive services that must be covered are specified by the Health Resources and Services Administration (HRSA), the United States Preventive Services Task Force (USPSTF), and the Centers for Disease Control and Prevention (CDC).
Recently, the HRSA updated its guidelines for preventive services that non-grandfathered plans must cover for women without any cost-sharing. These services must be covered at 100% for plan years beginning on or after January 1, 2023. The new services that must be covered include:
Discover the differences between level-funded and self-funded employee health insurance plans.
Get the full scoop on level funded health plans for 2023.
Discover how employers can take advantage of level-funded plans for their
IXSolutions brings over 30 years of combined experience to the market as Employee Benefits Consultants. We’ve been bringing creative solutions and alternatives to the market since the inception of the Affordable Care Act.
Today, we work with companies, individuals, and Medicare eligible individuals to provide solutions to the complex insurance industry. We are a trusted partner to thousands of clients, brokers, and associations across the country.