Self-insurance: your security, your choice, your control.
A flexible solution allowing you to control benefit costs for your employees. Put an end to hidden costs and create your own reserve of funds to cover healthcare costs and benefits directly.
WHAT IS SELF INSURANCE?
Unlike the traditional “fully insured” group insurance plan, in a self-insured plan, the company assumes the entire risk of the plan, using the premiums to build up reserves from which claims are paid. The company owns the reserves and keeps surplus premiums. With a self-insured plan, the company avoids paying certain profit margins and risk premiums to insurers.
It’s a proactive approach that puts the employer at the heart of benefits management.
Self-insurance doesn’t mean you’re on your own. We’re there for you every step of the way, offering expert advice and ongoing support.
The advantages of self-insurance
- 1. Provides an opportunity to control costs associated with health and dental insurance in your group insurance plan;
- 2. Significantly lower administrative costs than traditional insurers;
- 3. Recurring savings thanks to self-insurance;
- 4. Premium assessment based on actual claims, eliminating the risk and profitability fees charged by traditional insurers.
Would you benefit from a self-insured plan?
Selecting the perfect plan is a task that depends on a number of factors and requires the expertise of a professional for the best advice. At Valeo+, we’ll take a close look at your situation and suggest solutions tailored to your needs.
Whatever plan you choose, Valeo+ is ready to manage it for you, providing a complete, one-top service ensuring your peace of mind!
WANT TO EVALUATE YOUR OPTIONS? let us guide you.
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Quebec City, Quebec G2J 0C4
6400 Auteuil Avenue, Suite 300
Brossard, Quebec J45 3PZ
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