A self funded plan is a product the does not offer the insured the traditional first dollar coverage from an insurance carrier. The employer bears the risk of all
claims with a stop loss per person as well as an aggregate stop loss for the
corporation. Most plans come with a very high deductible or sometimes called
catastrophic plans. A corporation can then build a customized plan design inside
the deductible for their employees. These plans are usually reserved for companies with over 250 employees.