What Do Church Leaders Need to Know About Level-Funded Health Coverage?

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the challenges that Texas churches face with rising health insurance premiums and the lack of transparency in fully insured plans. Specifically, the episode provides insights into level funded health coverage, which offers a more flexible and transparent option. Through the story of Felicia from a Fort Worth church, the episode highlights how level-funded plans divide payments into administrative fees, stop-loss insurance, and a claims fund. These plans help churches manage risks and potentially save on costs without slashing benefits or pushing staff into the ACA marketplace. If you are considering a level-funded plan for your church, connect with our church insurance team at insurancefortexans.com For more insight into church insurance, get a copy of our book, The Promise of Certainty at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:35 Understanding the Frustration with Traditional Health Insurance 01:08 Introduction to Level Funded Health Coverage 01:45 How Level Funded Plans Work 02:10 Addressing Concerns and Benefits of Level Funded Plans 02:55 Partnering with Insurance for Texans 03:36 Conclusion and Next Steps