Credibility
1850+ groups and 185,000+ employees covered in the VERIS Consortium
Self-funding Solved
Offering quality health benefits can be expensive for employers. Self-funding provides savings over traditional insurance, but it is safe for all employers? Self-funding through Benecon’s VERIS Consortium is the answer.
Financial Leverage & Group Purchasing Power
- Benecon manages $580 million of stop loss premium with $2.5 billion in total funding
- Guaranteed renewable
- No new lasers in perpetuity
- Rate caps at renewal
- 100% surplus return on unused claim dollars
Independent Actuaries
- Benecon actuaries set the rates, not carrier underwriters. Our goal is to ensure rates are set fairly – we’re not chasing financial returns.
- There are no hidden fees or buy-in requirements. Groups pay for what they use and keep what they don’t.
Transparency
- Claims Data & Analytics Platform and provide access to all data
- Financial – total reporting of where every penny is spent within a group’s health plan
