What CPM Offers
You are faced with numerous options for setting up your employee benefits. The cost of providing healthcare continues to escalate and there are fewer carriers available than in the past.
You can purchase group health coverage through a fully insured carrier, or you can elect to partially self-fund your group health coverage. Partially self-funding is an excellent way to take full advantage of good claims experience. Insurance coverage is put in place to protect the plan in the event your group were to have unusual claims utilization overall and against catastrophic claims on any individual. These are packaged together to provide excellent protection for employers.
By partially self-funding your medical benefits, you get to take control of your benefits.
By partially self-funding your medical benefits, you get to take control of your benefits. You have the opportunity to fund the plan in a way that makes the most sense for your specific situation and your benefit dollars.
You are provided with up to date information regarding claims utilization; no more waiting for extended periods for claims data. Additionally, you are notified of high claims usage. This is all a normal part of the outstanding customer service offered by CPM.