About the Course
Developed by experts in the market space, this three-hour course instruction will ensure that students understand the key technical components of self-funding and are better prepared to counsel their clients on the various benefits of elimination of most premium tax, lowering cost of administration, claims/administration and customer service for employees.
Historically, employers have turned to the self-funding of their health plans when traditional insurance programs failed to meet their cost expectations. The many thousands of employers in the U.S. who have implemented self-insured medical programs later discovered the other advantages such as coverage flexibility and client-specific benefit plan administration. Self-funding is one of the most effective ways employers can control the rising costs of healthcare coverage. In understanding self-funding as a concept and how it differs from fully insured products, this course will help provide in detail how it all works and proven methods for communicating this option to employers and employees in a compelling way.
Course Highlights
- Self-funding – What Is It and Why Is It Growing In Popularity?
- ERISA and Self-funding
- Comparison of Plan Funding Options
- Stop-loss Terms and Concepts
- Stop-loss Claims Submission and Payment
- Renewal Practices and Philosophy
- Plan Administration and the Future of Self-Funding
Continuing Education Credits
The Self-Funded Certification course has been filed for continuing education credits in all 50 states. Please check your state’s CE approval status and rules prior to purchasing the course.
SHRM Credits
NABIP is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP®.
This program is valid for 3 PDCs for the SHRM-CP® or SHRM-SCP®. For more information about certification or recertification, please visit www.shrmcertification.org.
Online Cost
The cost of the Self-Funded Certification course is $210.10 for members and $275 for non-members (refund policy and privacy policy). Certification in self-funding expertise and continuing education credits will be provided following completion of the course and an online examination with a passing grade.
Discounts are offered to NABIP Corporate Partners and company groups over 25. Please contact professionaldevelopment@nabip.org for a quote.
Classroom Cost
Online Format
Course instruction will be delivered through NABIP's Online Learning Institute. For everything you need to know from creating an account to purchasing and accessing your course to taking the final exam, click here to access the user guide.
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REBC® Designation Elective
The NABIP Self-Funded Certification is an elective of the Registered Employee Benefits Consultant® designation. Earning the REBC designation elevates your credibility as a professional and prepares you to best serve your clients. By completing the NABIP Self-Funded Certification you will be one step closer to obtaining the designation. Click here to access more information about the REBC designation, including the learning objectives and curriculum.
Classroom Format
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