05/04/2026
WV employers — if you’re tired of group health renewals being a mystery, you’ve probably heard about level-funded plans.
Here’s the simple version:
✅ Fully insured = traditional group plan. You pay a premium, the carrier holds most of the claims risk.
✅ Level-funded = often a hybrid approach that can feel predictable monthly, but pricing/renewals can be more connected to your group’s risk and claims.
So is level-funded “better”? Not always — but it can be a great fit when the group is younger and healthier overall, because many level-funded programs price more directly off the group’s risk profile. If your group is older or claims are unpredictable, a fully insured plan can feel safer and simpler.
Here are the questions we recommend asking before you switch:
Is your priority stable budgeting or a long-term cost strategy?
Do your employees need specific doctors/hospitals in WV?
Are you comfortable with renewals being more tied to claim experience?
Would a different plan design (like higher deductible + HSA) help control premiums?
If you want a straight answer, we can help.
Songer Insurance compares level-funded vs fully insured options at no cost and explains it in plain English — so you can choose what fits your business and your employees.
📞 Call Songer Insurance (Beckley, WV): 304-252-2158
