Self-funded health insurance plan

Type: Concept

As of November 2026, Self-funded health insurance plan has been mentioned in one podcast episode on The Proven Podcast (Aug 2025).

Self insurance is a risk management method in which an organization that is liable for some risk does not take out any third-party insurance, but rather chooses to bear the risk itself. When used prudently, the organization that self insures sets aside money using actuarial and insurance information and the law of large numbers so that the amount set aside is enough to cover the future uncertain loss. The advantage is that no premium has to be paid, but the organization's own assets are used to