“Self-funding allows employers and their administrators to ‘write their own rules’ since it’s the employer’s money that’s paying the claims, thus they can be very creative in exploring new ways to manage claims costs,” he said. The flexibility allowed by self funding drives patients into centers of excellence providers at lower cost points. ASCs are a natural fit for self-funded employers and their administrators to partner with in these kinds of creative claim cost management issues, he said.
“As for traditional insurance from Blue Cross, UnitedHealthcare and others,” Mr. Blankinship said, “they are not interested in these kinds of programs because they fly in the face of their hospital system partners.”
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