CHARLOTTE, N.C.--(BUSINESS WIRE)--AmWINS Group Benefits, a leading provider of employee benefits and administrative services, has formed a comprehensive Self-Funding Practice that brings together expertise from all operating companies under the divisional brand and will be dedicated solely to providing consultative products and administrative services to brokers and benefit professionals.
“Self-funding health benefits can be an effective strategy in lowering long-term healthcare costs and improving workplace health,” said Sam Fleet, president of AmWINS Group Benefits. “However, because it can be somewhat complex and fragmented, our Self-Funding Practice will provide guidance to benefit professionals and their clients to help them determine the best course of action when it comes to funding healthcare.”
AmWINS developed the Self-Funding Practice to provide the most comprehensive suite of products and services to benefits professionals available in the market, including:
- Stop-Loss Insurance
- Pharmacy Benefit Management/Specialty Pharmacy Services
- Medical and Pharmacy Audits
- Transition from Fully Insured to Self-Funding
- Small Group Self-Funding
- Cooperative and Captive Arrangements
- Healthcare Benefits Administration
- Care Management/Healthcare Advocacy
- Dialysis Management and Organ Transplant
In addition to providing support services for companies that already self-fund employee health plans, AmWINS Group Benefits can provide strategic counseling services to companies that are contemplating switching from a fully insured plan. Brokers and benefit professionals can learn more about small group self-funding arrangements by downloading AmWINS Group Benefits’ recent eBook, “Making the Move to Self-Funded Medical Plans: The Essential Guide.”
About AmWINS Group Benefits
AmWINS Group Benefits, a division of AmWINS Group, Inc., is a leading wholesale broker of comprehensive group insurance programs and administrative services. Working with benefit brokers and consultants, AmWINS Group Benefits designs, distributes and administers customized health benefit products and services for retired and active populations in private and public organizations.
AmWINS Group, Inc. is a leading specialty distributor of insurance products and services with expertise across a diversified mix of property, casualty and group benefits products. With over 3,200 employees located in 17 countries, AmWINS handles over $9 billion in premium annually through four divisions: Brokerage, Underwriting, Group Benefits and International.