Self-Insurance

Most medium to large sized employers in the U.S. (companies, unions, federal government, state government and school boards) have self-insured health plans. 

Fiduciary Responsibility

Selecting an Administrator does not relieve you of the responsibilities of accurate claims processing and financial reporting.

The issues of internal controls, system updates and modifications, plan design, discounts, medical management, eligibility all ultimately impact your ability to accurately report quarterly and annual expenses. Public companies have the added compliance requirements of Sarbanes-Oxley as well as ongoing fiduciary responsibility to employees and shareholders.

Administrator Business Practices

As Administrators upgrade and modify business systems and practices, there is an increased risk of issues with reporting and processing accuracy. Your ability to predict expenses and mange costs are impacted by your Administrator's business practices.

Administrator Internal Controls

The adequacy of your Administrator's internal controls can have major implications to your financial stability.

If you have questions about this web site or need assistance e-mail info@hdminc.com or call 1-800-859-5119.