Fully Insured vs Self-Funded Health Insurance: Which Is Better for Employers?

Learn about fully insured vs self-funded health insurance and compare costs, flexibility, coverage, and options to find the right fit for your business.

Learn about fully insured vs self-funded health insurance and compare costs, flexibility, coverage, and options to find the right fit for your business.
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An employer healthcare stipend is a fixed, often taxable, amount of money provided to employees to help cover costs for individual health insurance premiums, deductibles, or copays. Unlike traditional group plans, it offers flexibility by allowing employees to select their own coverage, often used by small businesses.
The ICHRA is a low maintenance, tax-free reimbursement account that you can use as a health plan. You simply reimburse your employees tax-free for their healthcare. An ICHRA satisfies the ACA requirement and scales with your team, allowing you to offer robust attractive health benefits.