Bernard Mehalick Mehalick Insurance Agency

Reminder: Don't Choose a Plan Based Only on the Premium: A lower monthly premium may seem attractive, but it's important to consider deductibles, copays, coinsurance, and out-of-pocket maximums before making a decision.

A Self Insured Plan is a type of plan usually present in larger companies where the employer itself collects premiums from enrollees and takes on the responsibility of paying employees’ and dependents’ medical claims. These employers can contract for insurance services such as enrollment, claims processing, and provider networks with a third party administrator, or they can be self-administered.