Health Insurance Done Differently
Most businesses today are RENTING their health insurance…
Now you can take control by OWNING it
Renting Your Health Plan
Your Premium Increases every year
This is one of your companies largest expenses and it gets worse every year. This is draining your companies resources and frustrating your employees and their families.
You are forced to water down your plan
Their rigid plan designs and limiting networks leave you feeling frustrated that they can’t customize your offering to what you really want or need.
They never justify why this is happening
These “landlord” style insurance companies are increasing your rates just because they know they can and keeping a lot more of your premium than you realize. This lack of transparency is unacceptable.
Owning Your Health Plan
Lower Costs, Creative Solutions
Reduce your healthcare expenses with innovative, cost-saving strategies tailored to your business.
Control and Customization
Take charge of your health plan design and provider network, ensuring the perfect fit for your needs.
Transparency and Insight
Gain full visibility into your healthcare spending, empowering you to make informed decisions and optimize
your benefits
Leading the Charge in Health Plan Ownership
At Knudson Benefits Group, we’re disrupting the status quo. What was once only possible for the largest companies—owning a customized health plan—is now within your reach. We empower businesses like yours to break free from rented health insurance plans, giving you the control and transparency needed to build a plan that truly serves your employees and your bottom line.
How to Take Control of Your Health Plan
Consultation and Custom Plan Design
We start by understanding your unique challenges and goals, then design a health plan tailored specifically for your business.
Seamless Implementation and Support
We manage the entire setup process, ensuring compliance and a smooth transition, with ongoing support at every step.
Ongoing Management and Optimization
Your plan isn’t set in stone. We continually review and optimize it to adapt to your evolving needs and market conditions.
Own Your Health Plan: A Better Way to Manage Your Company’s Insurance
Download our free eBook, “Own Your Health Plan,” to discover how taking control of your health benefits can transform your business. Learn how self-funded solutions offer transparency, creativity, and control, empowering you to manage costs and provide better care for your employees.
Empowering Businesses to Own Their Health Plans
At Knudson Benefits Group, we believe that every business, regardless of size, deserves the power and flexibility to control their health benefits. Our approach transforms the way you manage healthcare by offering self-funded solutions that provide transparency, cost savings, and customization in ways you’ve never known were possible. We guide you through every step, from designing your plan to ongoing management, ensuring your benefits serve both your employees and your financial goals.
FAQ
Not all self-funded health plans are the same. There are many self-funded health plans that operate more like a rented health plan because they are still controlled by an insurance company. This leads to misaligned incentives, hidden revenue streams, and an inability to customize the plan the way you want. It’s like buying a home from a spec home builder or owning a home controlled by an HOA instead of owning your own custom built home. When we speak of owning your own health plan, we mean that you can control every aspect of your plan and have full transparency over all the costs and details of your plan. You are in control of your plan. Not an insurance company.
A self-funded health plan is a type of insurance where instead of paying premium to an insurance company each month, the employer collects the premium internally setting aside funds to pay both fixed costs and variable claim costs throughout the year. The employer will still be protected from large claims that could arise so that no matter the size of the claim or the time of year that it hits, the money they’ve collected or set aside in reserves will be protected. By taking control of your plan and cutting out the traditional insurance company, you will have unparalleled transparency into the costs and interworkings of your plan. You will also have the ability to customize your plan with creative enhancements to strengthen your plan and coverage.
Owning your own health plan is ideal for companies with 40 or more employees that are looking for more control over their healthcare costs and benefits. Knudson Benefits Group will work with you to assess your specific needs and determine if this approach is the best fit.
We provide ongoing management and optimization of your health plan, ensuring it continues to meet your needs as your company grows and as market conditions change. Our team is always available to offer support and guidance.
Operating a self funded health plan does not require deep pockets or thousands of dollars set aside up front in reserves. Through proper planning, you can be protected from large unexpected claims throughout the year. Knudson Benefits Group handles the complexities of plan management for you. We provide expert support and tools that simplify the process, allowing you to focus on your business while we ensure your health plan runs smoothly.
No! When you own your own health plan, you get to choose the network of doctors and hospitals your employees need and you’ll never be forced to change that network again. We’ll help you create a plan that minimizes disruption and aligns with your employees’ needs.
Owning your own health plan allows you to avoid many of the overhead costs associated with traditional insurance. Additionally, you retain any surplus funds at the end of the year, rather than those savings going to an insurance carrier.
We specialize in making self-funded solutions accessible to all companies, offering the same level of control and customization that was once only available to large corporations. Our approach is tailored, transparent, and focused on long-term success.
Getting started is simple—just schedule a consultation with our team. We’ll take the time to understand your needs, design a custom plan, and guide you through every step of the process.
