Employers are continuously exploring ways to make their investments work harder for them. One of the most compelling features offered through the BSI CORE funding model, a preferred stop loss, self-funded platform, is the ability to reclaim and reinvest unused claim dollars.

The Financial Advantage of Unused Claim Dollars

BSI CORE offers a standout advantage by returning 100% of unused claims dollars. Unlike traditional self-funding models, where surplus funds may be retained or subject to complex conditions, BSI CORE ensures that any unused funds are fully reimbursable to our clients. In turn, this allows our clients to reinvest these funds into their business or employee benefits. By recovering unused funds, they can better manage and plan for future expenses, ensuring that their self-funding investment delivers maximum value leading to more predictable budgeting and financial planning, minimizing surprises and enhancing financial stability.

“Unused claim dollars, or surplus, is a powerful feature of the model because the flexibility of its application. Surplus can offset bills, give our client peace of mind in forecasting and cost control, or offer them the opportunity to reinvest in the plan.”- Nick Tranguch, Chief Growth Officer

How It Enhances Your Self-Funding Investment

Recovering unused funds significantly improves a company’s financial planning and management. The predictability of having these funds returned creates a stable foundation for better forecasting. Some of our clients use their surpluses to plan for future expenses while others use it to reinvest in the plan, or both. Some examples include enhancing the incentives for their wellness programs, contributing to Employee Health Savings Accounts (HSAs), or bringing additional wellness resources like gym memberships. Our team at BSI works hand-in-hand with our clients to create strategies around surplus utilization focusing on the overall benefit offering and ROI from the surplus utilization. With the surplus dollars back in our clients’ hands, they gain the flexibility to make strategic investments in their overall benefit offering while managing their budget.

Unused claim dollars represent a valuable, yet often overlooked, asset that can significantly impact an organization’s benefits strategy. With BSI CORE, clients can transform these funds into strategic investments that enhance employee satisfaction, optimize resource use, and strengthen their overall benefits offering. By joining BSI CORE, clients can be reassured that every dollar is working towards the betterment of their organization and their employees, paving the way for a more robust and effective benefits program.