No com­pa­ny wants to pay more for insur­ance than it has to, but all too often the solu­tions pre­sent­ed do not rep­re­sent the full range of oppor­tu­ni­ties. Arrow Ben­e­fits Group pro­vides a detailed review of options rang­ing from a com­plete, ful­ly-insured insur­ance solu­tion to par­tial, self-insur­ance, or even total self-insur­ance. The dif­fer­ences might be sig­nif­i­cant, and it’s not pos­si­ble to know which option makes the most sense until you under­stand the alter­na­tives. Sim­ply select­ing a ful­ly insured plan from a spread­sheet of insur­ance com­pa­ny pro­pos­als is not nec­es­sar­i­ly the answer and is cer­tain­ly not a method­ol­o­gy that should be accept­ed blind­ly. Are you large enough to sup­port an on-site med­ical clin­ic? Do you have nation­al resources to get your firm up and run­ning in an emer­gency (not just insur­ance to pay for an unknown solu­tion)? Is your com­mer­cial insur­ance prop­er­ly allied with your employ­ee ben­e­fit plans, there­by afford­ing you the max­i­mum oppor­tu­ni­ty for sav­ings? Does a pos­si­ble undue con­cern about HIPAA pri­va­cy pre­vent you from tak­ing on impor­tant ini­tia­tives about the health of your employ­ees? These are the kind of ques­tions that need to be asked in a thor­ough Risk Man­age­ment review.