Self-Insurance Expert (SIE) exists to promote the need for employers to become engaged and optimize medical cost management. We enable companies to take advantage of the latest in cost-cutting tools, resources, and expertise. Self-funding is not a panacea and it is not right for every firm, but it does allow employers to maximize the value of those latest tools and resources. For health plans that are already self-funded, it will work to optimize the cost saving opportunities of the plans, even while helping to improve employee engagement and satisfaction with the plan.
SIE also has a range of important resources for health plans, ASO providers, and TPAs. These resources can be used to reduce the cost of claims but also to potentially improve the plan for covered members, employers, and broker|consultants.
Unlike many employee benefits consulting firms that will only work with an employer plan if they are the sole consulting firm involved, SIE welcomes a collaboration with consulting firms or brokers who wish to take the lead on an employer’s health plan but who need the resources and expertise of SIE as a back office resource—(some limits may apply).Its founder, Keith McNeil, CLU, CEBS, GBDS, CPBS is a member of the Self Insurance Institute of America (SIIA).