Self-Funded Health Plans · Indiana
Burt Advisory is a self-funded health plan consultant for Indiana employers. We design, place stop-loss, and manage the plan so you keep the savings when your group runs healthy.
Claims analytics, pharmacy oversight, and weekly advocacy. Our flagship client has saved $8.9 million over six years without cutting a single benefit.
Free benchmark · No obligation · You keep the findings
The Problem
Switching to self-funding isn't the win, managing it is. These are the four leak points we find in nearly every plan we audit.
Fully insured renewals arrive as a single number with no claims detail. You can't negotiate what you can't see, and the carrier likes it that way.
On a fully insured plan, every dollar of unused premium stays with the carrier. When your group runs healthy, you never see the surplus back.
Rx is often the fastest-growing line in the plan, yet rebates and spread pricing stay hidden inside the carrier contract instead of flowing to you.
Most brokers show up once a year at renewal. By then the trend is set. Self-funding only works when someone monitors claims continuously.
What's Included
We don't just set up the plan and walk away. Here's everything we run on your behalf once you self-fund with us.
How It Works
No leap of faith required. Here's exactly what happens after you say yes.
We dig into your claims data, current contracts, and plan design, and show you where the money is going.
We model your options, funding structures, pharmacy, stop loss, cost containment, with real numbers attached to each.
We take your plan to market independently and negotiate from data, not relationships alone.
Weekly claims monitoring, member advocacy, and proactive plan adjustments. This is where the savings compound.
FAQ
A self-funded health plan consultant helps an employer pay employee medical claims directly instead of buying a fully insured plan from a carrier. The consultant designs the plan, places stop-loss insurance to cap risk, audits claims and pharmacy spend, negotiates with vendors, and monitors costs continuously, so the employer keeps the savings when the group runs healthy.
Self-funding works for most employers with roughly 50 to 1,000 employees. Below 50, a level-funded plan often bridges the gap with similar transparency and less volatility. We model both against your current plan before recommending a direction.
Stop-loss insurance caps your exposure on both individual large claims and total annual claims, so your downside is defined up front. The bigger risk is staying fully insured and never seeing where your premium actually goes. Continuous claims oversight is how we keep self-funding predictable.
Yes. Burt Advisory is based in Elkhart, Indiana and works with school systems, municipalities, manufacturers, and other employers across Indiana. We bring national-firm resources through the United Benefit Advisors network with local, hands-on service.
Start with our free benchmark. We compare your cost per member against employers your size, flag the three biggest leak points in your plan type, and give you a written summary you keep, whether or not we ever work together.
Free Benchmark