ELMCO LLC in Elmira, NY offers a self-funding health plan that provides individuals with the flexibility to purchase only the necessary benefits for their workforce, resulting in lower administrative costs and increased control over their benefit program.
With ELMCO, payments are made only when claims are actually paid, allowing interest to accrue to the individual rather than an insurance company, and administrative fees are fixed for the contracted period, providing stability and cost savings for companies employing 75 or more people.
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