Parasol offers an alternative self-funded health plan to traditional PPO plans and traditional reference-based pricing models, helping employers pursue meaningful savings without meaningful disruption to the employee experience.
- 20-30% Potential Savings
- 1.7M+ Providers Nationwide
- <1% Balance Billing
- National Network Opportunities
Parasol offers more flexible self-funded health plan solution that delivers meaningful savings without disrupting employees.
Solutions
Parasol delivers more flexible paths to self-funding, from a full health plan alternative to compliant coverage options and targeted cost-driver support.
National Network Self Funded Plan
A full self-funded health plan alternative that combines stronger cost control with familiar network access, offering employers a more practical option than traditional PPO plans or disruptive RBP models.
MEC/MVP
MEC and MVP plans provide compliant coverage through the First Health network for employers with hourly, seasonal, variable-hour, or part-time populations. Options can be configured around workforce needs, coverage requirements, and budget considerations.
Modular
Targeted solutions, with access to various national networks, can be added to an existing plan when employers need more support around specific areas of spend, care navigation, or plan performance.
A Different Approach to Self-Funding
Many health plans manage costs through a single strategy, but Parasol takes a more coordinated approach.
See How It Works- 1
Preserve Access
Employees maintain access to a broad national provider network, reducing disruption during implementation and ongoing plan administration.
- 2
Manage Costs
Disciplined pricing and targeted cost management strategies are applied across the areas contributing most to healthcare spend.
- 3
Support Members
ConciergeCARE advocacy, claims assistance, clinical support programs, and coordinated administration enables members, and employers to navigate the plan with confidence.
Solutions
For Employers
Managing healthcare costs shouldn't require sacrificing the benefits experience employees value.
Parasol helps employers gain greater control over healthcare spending through a configurable self-funded model designed around workforce needs, organizational priorities, and long-term sustainability.
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For Brokers
Your clients need more than another renewal increase conversation.
Parasol gives brokers a self-funded health plan solution designed to reduce healthcare costs for employers while maintaining a familiar employee experience.
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From a 49% Renewal Increase to a 2% Reduction
A Virginia home services company moved from fully insured to self-funded, preserving national PPO access while gaining stronger cost control.
- 30% Lower Medical Claims Costs
- 37% Lower Pharmacy Claims Costs
No benefit cuts and no employee disruption.
Read the Case StudyInsights on Self-Funding, Cost Containment, and Plan Performance
Explore articles, resources, industry updates, and practical guidance for brokers and employers evaluating self-funded health plans.
Blog
Industry insights, self-funding strategies, and healthcare cost management topics.
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Outcomes
Real-world examples of how employers have approached healthcare cost management with Parasol.
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