The importance of health insurance cannot be overstated—it is a critical component of employee well-being and financial security. For decades, fully insured health plans have been the standard choice for many employers, offering a predictable model.
However, the landscape is changing. A growing number of companies are shifting to self-funded health plans, seeking greater transparency, control, and cost savings.
This trend, driven by advancements in data analytics and artificial intelligence (AI), is reshaping the way businesses approach health insurance.
James Hughes, Senior Sales Executive at Verikai, sat down with Insurance Business to share insights on why this migration is happening along with the benefits of switching to self-funded solutions.
