Self Fund Platforms runs structured RFPs for self-funded employer health plans — the same way a company bids out any other major expense line. One specification issued to everyone. A common deadline. Every proposal shared with the plan sponsor exactly as it was submitted, and an award made on overall value rather than price alone.
Marketing a health plan today means the same information reassembled into a different format for every vendor, and proposals coming back in shapes that do not line up. We manage that work from start to finish, on one set of rules that applies to everyone.
We run the process end to end — building one complete, standardized submission, issuing it to every invited market at the same moment, coordinating with carriers and administrators, and organizing what comes back so a plan sponsor can actually read it. Stop-loss, third-party administration, pharmacy benefit management and network.
Carriers, administrators and pharmacy managers each have a defined appetite — group sizes, geographies, industries, structures they want and ones they do not. We work to understand those preferences so cases go to the markets most likely to be a fit. A better use of everyone's time, on both sides of the submission.
Self-funded plan sponsors carry ERISA fiduciary obligations that call for a documented, accountable process. We produce a clean record of how a decision was reached, what was considered, and what every party in the process is compensated. Our own fee is flat, paid by the employer, and disclosed in writing.
The same discipline a company already applies to freight, packaging, professional services or any other significant contract — applied to one of the largest line items on the P&L.
A single set of requirements and one complete data package, issued to every invited market at the same time. Nobody works from better information than anyone else.
Questions come to us in writing and every answer goes to all bidders at once. No private clarifications, no side conversations.
Proposals are received and held until the stated deadline, then opened together. No bidder's pricing is shown to another bidder.
The employer and their advisor receive every proposal exactly as submitted, alongside a comparison built on common terms. Not a summary — the proposals. The employer decides, on overall value rather than price alone.
Our fee is flat, agreed in advance with the employer, and disclosed in writing. Where any third-party compensation is received in connection with an engagement, it is disclosed and credited against the employer's fee.
A procurement process only works if it is worth participating in — on both sides of the submission. We are trying to make it worth everyone's time.
We are in active development and building our early network. If you work with self-funded employer health plans — as an employer, an advisor, a carrier or an administrator — we would like to hear from you.