Self-Funded Plan Administration
employers the freedom to design benefit plans that meet
the unique coverage needs of their group as well as
their financial goals.
The flexibility of a
plan allows for more easily integrated cost-containment
measures. A self funded plan also provides advantages
from a cash flow standpoint in that it uses a
KLAIS & COMPANY,
Inc. provides complete self-funded plan
- Administration of medical, dental, vision, and
- ERISA compliance and 5500 filing
- COBRA and HIPAA administration
- Regional and National PPO network access
- Utilization Management
- Large Case Management
- Plan Design Management
- Disease State Management
- Wellness and Prevention
- Data reporting and analysis
- Subrogation recovery services
- Underwriting and reinsurance services
Many of these programs are included in the basic cost
of programs administered by
KLAIS & COMPANY, Inc. including
Subrogation Recovery. Most administrators outsource
subrogation to specialty companies that take as much as
40% of recovered funds.
KLAIS & COMPANY, inc. manages
subrogation internally and returns 100% of recoveries to
its clients. In 2004 this amounted to a collective
savings of over $2 million.
For more information on how a self-funded plan might
benefit your organization, call Robert Viall, Vice
President of Sales & Marketing, at (330) 867-8443, or
submit your inquiry through our "Request Information"
option on this site.