PARTIALLY
SELF FUNDED
HOW DOES PARTIALLY SELF FUNDED WORK?
Health insurance plans have 3 main components that together create the benefit of HEALTH INSURANCE. With typical community rated and level funded formats, these 3 components are handled by the same company or their subsidiaries.
A partially self funded approach utilizes separate companies tied together by a Third Party Administrator (TPA) to deliver maximum opportunity for COST & QUALITY control.
HOW IT WORKS
Services
Network
Access to providers (doctors and facilities). Network is “rented” through the TPA. Examples: First Health, Cofinity, PHCS, Cigna
Rx
WHY SWITCH TO PARTIALLY SELF FUNDED?

- Maximum rebate potential
- Short and longterm cost control strategies
- Increased plan value
Here is a testimonial from a Construction Company that switched over to Quandary’s Partially Self Funded and saved $500k over 3 years:
“Before Quandary Insurance, we thought the best you could do for health insurance was a self-funded plan, and hope there were no major claims. Quandary has provided us with a real strategy that’s delivered long term sustainability and annual plan rebates without diminishing the quality of our benefits. Now we see our benefits as a strategic advantage and no longer as a liability.”
– CFO, Denver based Construction Company