How Do Consultants Get Paid On The Self Fund Health Plan?
So how do advisors and consultants get paid on the Self Fund Health plan? Well, Self Fund Health supports the broker fee paid through the plan each month.
The advisor sets the fee at what they've agreed on with the employer, and it simply gets passed through the TPA on their billing each month.
Brokers might be wondering, are we going to make less on this than fully insured? And the answer is not at all. In fact, broker partners that we work with often win more cases and retain more clients by delivering real savings to them.
Plus, you're being seen as a strategic advisor, not a renewal pusher.