Self Fund Health offers a self-funded insurance plan that utilizes direct primary care (DPC) to provide unlimited, no-cost primary care services and zero out-of-pocket expenses for imaging, surgeries, and prescriptions. By implementing cost-saving strategies, employers can reduce healthcare expenses by 30-50%, allowing them to reinvest savings into their workforce.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional health insurance plans often lead to escalating costs for employers, with expenses growing at unsustainable rates. Large insurance carriers may not prioritize the best interests of employers, resulting in limited control over healthcare spending and unpredictable cost increases.
Solution
Self Fund Health offers a self-funded health insurance plan designed to reduce healthcare expenses for employers while providing comprehensive benefits to employees. The plan utilizes direct primary care (DPC) to offer unlimited, no-cost primary care services, eliminating copays and deductibles for members. By implementing cost-saving strategies and partnering with preferred provider practices, the plan aims to provide high-quality services such as imaging, surgeries, and prescriptions with zero out-of-pocket expenses for employees, leading to significant savings for employers.
Target Audience
The primary target audience is employers in the Midwest, particularly in Wisconsin, who are seeking to reduce healthcare costs and provide comprehensive benefits to their employees.
Features
- Unlimited, no-cost primary care services through Direct Primary Care (DPC) practices.
- Zero out-of-pocket expenses for imaging, surgeries, and prescriptions at preferred provider practices.
- Cost-saving strategies designed to reduce overall healthcare spending for employers.
- Alternative to traditional fully-funded or self-funded insurance plans.