A basic understanding of what self-funding means.
- When a company self-funds, it takes responsibility for paying its own claims, rather than purchasing general insurance coverage.
- Choosing to self-fund means you take control of your workers’ compensation cost. Control can mean large savings and improved cash follow.
- Self-funded employers limit their level of exposure and financial risk by purchasing Excess Insurance.
- Self-funding does not mean “do it yourself” Eagle Claims Management is your key to success.