Up to 20% of your fully insured premium never reaches a claim. Here is where it goes.

On a $3 million fully insured premium, $420,000 to $600,000 a year goes to carrier administration, profit, taxes and risk loads, not to a single employee claim. This structural breakdown shows you exactly where that money goes, how it compounds over time and what changes when a different funding arrangement is in place.

• A line-item table showing every structural cost in a fully insured premium, and what happens to each line under level-funded and self-funded arrangements.
• An explanation of why your renewal cost basis does not reset after a difficult claims year, and how that compounds over time without visibility into your own data.
• A clear look at what you are actually trading when you stay fully insured: not just cost certainty, but full absence of claims visibility, and why those are two separate decisions.

The full white paper models what five years of your current funding structure costs and what five years of a different one won't. It includes a worst-case claims scenario, a self-assessment framework, and a line-by-line cost comparison across level-funded, self-funded, and group captive arrangements.