Hi Jay

I am not going to be able to attend the conference,
but I will be available through email, instant
messager or teleconference if you want to talk to me.

Basically a self insured plan can be set up any number
of ways. I assume that the members of the association
to be created will need to pay some form of dues to
fund the administrative expenses of the association.
This is one source through which the funding of self
insured plan could be created. The plan could be
entirely funded by the membership ( as you
described "money market account")or partially funded
to a certain level for each participating member
(Called a stop loss provision). If you choose
the latter type of plan you work in conjunction with
an insurance company that covers claims in excess of
the stop loss provision. There is still the expense of paying
insurance premiums, but at a much lower rate because
the insurance company is not underwriting as great a
risk. Some of my clients tried this with health insurance
several years ago, and found it to be a successful alternative
to the sky rocketing cost of the premiums charged by
the insurance companies under traditional plans.


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