Solutions
Savion Benefits is proud to serve as your self-insured benefits consulting firm. Whether you’re a broker or employer, our experienced team delivers cost-effective solutions to lower risk while still ensuring workers receive access to affordable, quality care.
Explore our risk management services for self-funded plans to get started:
Fully Insured to Self-Funded
Transitioning from a fully insured model to a gives employers greater control over their healthcare spend, data, and overall benefits strategy. Instead of paying fixed premiums to a carrier, employers fund their own claims, allowing them to see exactly where dollars are going and identify opportunities for cost savings.
Savion Benefits works closely with both employers and brokers to evaluate readiness for self-funded plans, using detailed claims analysis and financial modeling to ensure a smooth and informed transition.
Beyond the financial advantages, self-funding unlocks a new level of flexibility in plan design. Employers can tailor benefits to better meet the needs of their workforce, implement targeted cost-containment strategies, and avoid one-size-fits-all carrier limitations.
Savion Benefits helps build and manage these customized programs, aligning plan performance with long-term business goals while maintaining compliance and minimizing risk.
Stop Loss
is the safety net that makes self-funding a viable and sustainable option for many employers. It protects against catastrophic claims by reimbursing costs that exceed predetermined thresholds, whether on an individual (specific) or group-wide (aggregate) basis. Savion Benefits evaluates each client’s risk tolerance and claims profile to design stop loss structures that provide strong protection without unnecessary expense.
In addition to placement, Savion Benefits actively manages stop loss strategies over time to ensure continued value. This includes negotiating with carriers, analyzing renewal terms, and identifying opportunities to improve contract language or lower premiums.
For both employers and brokers, this hands-on approach delivers financial predictability and peace of mind, allowing them to fully leverage the benefits of a self-funded plan.
Captives
Captive insurance solutions give employers access to the advantages of self-funded plans while reducing volatility through shared risk. By joining a captive, multiple organizations pool their resources, spreading risk across a broader population and gaining access to more favorable underwriting outcomes. Savion Benefits structures and manages these programs to ensure alignment among participants and long-term financial sustainability.
Beyond risk sharing, captives offer greater transparency and the opportunity to benefit from underwriting profits that would otherwise go to traditional carriers. Employers and brokers gain deeper insight into claims performance and can actively influence plan outcomes through collaboration and strategic decision-making.
Savion Benefits supports this process with ongoing reporting, governance, and optimization to help captive members maximize value over time.
Care Navigation
Care navigation is a critical component of controlling healthcare costs while improving the employee experience. Without guidance, employees often struggle to make informed decisions, leading to unnecessary procedures, higher costs, and fragmented care. Savion Benefits integrates care navigation solutions that provide members with personalized support, helping them find high-quality providers, understand treatment options, and avoid low-value care.
These solutions go beyond basic concierge services by actively steering members toward better outcomes. Through data-driven insights and proactive engagement, care navigation can reduce claims costs, improve chronic condition management, and enhance overall plan performance.
For employers and brokers, it represents a powerful way to align cost containment with a better, more supportive healthcare experience for employees.