As one of only a select handful of benefit brokers in New Jersey, Blue Ocean Benefits & Consulting is honored to present clients with a new self-funding option powered by Veris. This new semi-exclusive option allows businesses with as few as 50 eligible employees to enjoy potential cost savings along with increased stability and control.
Many business owners still believe that self funding for health benefits is an option reserved solely for the big guys- huge agencies and firms with hundreds, if not thousands, of covered employees. The truth, thankfully, is much more enticing for small to mid-size businesses.
Not only is Veris for groups with as few as 50 employees, this self-funding option also offers the following benefits:
One of the commonly held misbeliefs regarding self-funding is that it is a highly risky option for employee benefits. As a business owner, you may be surprised to hear that this is not actually the case. In fact, with this plan specifically, there are strategic measures put in place to counteract the risk involved while still allowing you to reap the full rewards.
Here are some of the notable elements of this program that help in reducing the risk involved:
Many brokers discourage their clients from considering self-funding because they don’t understand it and don’t want to put in the time required to do it right. Blue Ocean is obviously not one of those brokers!
We’re here to simplify the process for you and navigate you through designing a self-funded plan so you can enjoy the Savings. Stability. Control.