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How to Transition from a Fully Insured to a Self-Funded Plan: A Step-by-Step Guide for Employers

Clayton Wood

Oct 82 min read

How to Transition from a Fully Insured to a Self-Funded Plan: A Step-by-Step Guide for Employers

For many businesses, switching from a fully insured health plan to a self-funded one can seem daunting. However, the benefits can be...

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Maximizing Value and Flexibility: The Advantages of Self-Funded Health Insurance Plans

Clayton Wood

Feb 272 min read

Maximizing Value and Flexibility: The Advantages of Self-Funded Health Insurance Plans

In the realm of employee benefits, the landscape is constantly evolving, and savvy Human Resource managers and Chief Financial Officers...

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Demystifying Stop Loss Insurance in the Self-Funded Health Insurance World

Clayton Wood

Nov 5, 20232 min read

Demystifying Stop Loss Insurance in the Self-Funded Health Insurance World

Navigating the complex world of health insurance can be daunting, especially when you're exploring the self-funded health insurance...

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Quick Tips for a CFO When it Comes to Health Insurance

Clayton Wood

Apr 5, 20231 min read

Quick Tips for a CFO When it Comes to Health Insurance

Here are three tips for a CFO when it comes to your health insurance plan: Understand the costs: One of the most important factors in...

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Clayton Wood

Mar 30, 20231 min read

Benefits of a Self-Funded Health Plan

C. B. Wood Financial understands the importance of selecting the right health insurance plan for your business. Self-funded health...

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Fully Insured vs. Self-Funded Health Insurance Plans

Clayton Wood

Mar 20, 20232 min read

Fully Insured vs. Self-Funded Health Insurance Plans

In the world of employee benefit plans, there are two types of health insurance plans – fully insured and self-funded/level funded. Both...

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Applying the 80/20 Rule to Your Health Plan

Clayton Wood

Jan 23, 20231 min read

Applying the 80/20 Rule to Your Health Plan

In health insurance, you will often hear the Pareto Principle or the 80/20 Rule applied regarding how healthcare costs are divided among...

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Breakdown of Health Insurance Premium Costs

Clayton Wood

Jan 11, 20231 min read

Breakdown of Health Insurance Premium Costs

Whether you are paying for all your employees’ health insurance premium or just a large portion, you need to know where your money is...

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Clayton Wood

Dec 6, 20222 min read

Identifying High Claimants

Taking a look at what a high claimant looks like and solutions to help manage claims. What is a High Claimant? A company has 75 employees...

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Part 4 Overview: Real-World Examples of Managing Claims

Clayton Wood

Oct 26, 20221 min read

Part 4 Overview: Real-World Examples of Managing Claims

The Chronic Cost Real-World Corporations Participating in Direct Contracting You know by now that managing your claims can save your...

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Part 3 Overview: Solutions for Lowering Your Chronic Costs Without Sacrificing Care Quality

Clayton Wood

Oct 8, 20222 min read

Part 3 Overview: Solutions for Lowering Your Chronic Costs Without Sacrificing Care Quality

The Chronic Cost How Direct Contracting Works Did you know that your company has the option to negotiate with healthcare providers...

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Part 2 Overview: How Claims are Priced and Paid

Clayton Wood

Sep 20, 20222 min read

Part 2 Overview: How Claims are Priced and Paid

The Chronic Cost Medicare's Impact on Pricing Medicare plays a critical role in how much insurance carriers charge for premiums. Did you...

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Clayton Wood

Sep 8, 20223 min read

Part 1 Overview: What Am I Paying For?

The Chronic Cost Breakdown of a Health Insurance Plan It's important you know exactly what you're paying for in your premium each month...

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Clayton Wood

Aug 9, 20222 min read

About The Chronic Cost

Saving Hundreds of Thousands of Dollars for Companies with 50-500 Employees Understanding Health Insurance Your business has a Chronic...

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