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Trustmark/Starmark
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F: 800-231-4158

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Self-Funded and Stop-Loss Plans

Since self-funded plans are not impacted by all of the ACA provisions, small businesses that have not traditionally offered self-funded plans are now considering this approach.

ACA provisions that DO NOT impact self-funded plans can = Cost Savings

 
Self-funded plans are not subject to the ACA rules regarding:
  • Providing Essential Health Benefits
  • Modified Community Rating
  • The Health Insurance Industry Fee
Employers with self-funded plans and stop-loss insurance can gain a number of benefits:
  • Flexibility to tailor benefits to meet employee's needs
  • Plan costs may be less than a fully insured plan
  • Employers have more control over health care expenditures
  • If health care costs are low in a particular plan year, the employer—not the insurer—may keep the savings
  • Employers pay for the cost of their employees' care; a set amount each month
  • Stop-loss insurance protects against higher, unexpected costs

Self-funded plans are administered by Starmark and stop-loss insurance is provided by Trustmark Life Insurance Company.

 
NEWS FOR TRUSTMARK

 
DEADLINES FOR TRUSTMARK
EffectiveCarrierNew Business DeadlineRenewal Deadline  Note(s)
05/01/2017Trustmark/Starmark (Group)04/20/201704/10/2017  
06/01/2017Trustmark/Starmark (Group)05/20/201705/10/2017  
07/01/2017Trustmark/Starmark (Group)06/20/201706/10/2017  
08/01/2017Trustmark/Starmark (Group)07/20/201707/10/2017  
09/01/2017Trustmark/Starmark (Group)08/20/201708/10/2017  
10/01/2017Trustmark/Starmark (Group)09/20/201709/10/2017  
11/01/2017Trustmark/Starmark (Group)10/20/201710/10/2017  

 


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