Video: Heading Into Renewal Season, Don't Discount these PFA Benefits and Considerations

by Kevin Ryan, Senior Vice President

As HR and finance leaders head into renewal season and plan for 2020, a Participating Funding Arrangement (PFA) can be a viable, and often overlooked, long-term solution.

Organizations we’ve worked with at EBS adopt a PFA for several reasons, including:

  • the ability to offer financial flexibility and more employee choice within their medical plan platform and offering

  • the flexibility in their employee benefit plan design, to customize the solution to employee preferences

In the video below, I unpack the key benefits of the PFA, criteria that make an organization ripe to adopt one and considerations for implementation. If you’re considering a PFA, start by watching this video, and then pop over to this blog post, “Participating Funding Arrangements (PFAs): What Employers Need to Know to learn more. Feel free to connect with me on LinkedIn if you’d like to have another conversation.