What is Self Funded Plans?
Self-Funded Plans, Inc. is a recognized leader in third-party administration, specializing in guiding employers toward self-funding their benefit plans. Established in 1980 by Thomas P Luby & Company, the firm leverages decades of experience in the insurance brokerage and consulting industries. The company offers expertise, skill, dedication, and professionalism to help organizations gain control over their benefit plans through self-funding strategies. Over the years, Self-Funded Plans, Inc. has evolved its services to meet client needs, comply with government regulations, and foster innovation, earning the trust of hundreds of employers nationwide through its business integrity, customer commitment, and industry knowledge.
How much funding has Self Funded Plans raised?
Self Funded Plans has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Self Funded Plans?
The recent major strategic investment, within the context of large-scale late-stage funding, suggests Self Funded Plans, Inc. is poised for significant growth and market consolidation. This capital infusion is likely to fuel further development of its administrative platforms, expansion into new employer segments, and potentially strategic acquisitions. The company's long-standing advocacy for the self-funding concept, combined with its robust service offerings, positions it to capitalize on the increasing demand for cost-effective and customizable employee benefit solutions.
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