The best option for self-funded school districts

As healthcare prices soar, so do the number of school districts self-funding their health insurance.

What does that mean? In essence, the school district becomes the insurance company.

The district retains the premiums and use them to pay for claims out-of-pocket and fees as they are presented instead of paying a pre-determined premium to an insurance carrier for a fully funded plan.

How does it save the district money?

Districts that self-fund are able to coordinate health care for their employees more efficiently and affordably. The district contracts directly with multiple exceptional medical care providers, including physicians, cardiologists, orthopedic surgeons, physical therapists, and occupational therapists. Partnering with high-value, low-cost providers can save school districts six figure savings per year.

School district employees, and sometimes their spouses, dependents and retirees, have access to these high-quality providers at a low cost or no cost to the individual, depending on how the contract is set up.

This model of care encourages employees to seek preventative services and to get help early if an injury does occur.

Advanced Physical Therapy & Sports Medicine is an industry leader in the direct contracting of onsite/near-site physical therapy and occupational therapy care.

What happens to the money saved by becoming a self-funded school district?

The money saved goes back to the education of students, facility needs, or employee cost of living increases. It’s a win for the school district and the community.

To learn more about the savings Advanced PT providers and its partners are delivering to area school districts, click here: Ripon Area School District will make the switch to self-funded insurance | News | riponpress.com

—

Advanced works with Appleton Area School District, Menasha Joint School District, Oshkosh Area School District, Pulaski Community School District, Ripon Area School District. If you are an employee or spouse of one of these school districts, check with HR for your PT and OT benefits with Advanced.

*If you work for one of these school districts, please mention that when you call to schedule an appointment.