Is Self-Funded Health Insurance Right For Your Small CBD Outfit?

Are you the proud owner of a CBD business that sells edibles, flowers, and more? First off, let’s start by saying good for you. This industry has taken off, and it doesn’t appear to be slowing down any time soon. There is plenty of money to be made selling such goods. According to, consumer sales of cannabidiol in the United States are expected to reach $1.8 billion or so by 2022. That’s about a half a billion-dollar increase from 2018.

Do you employ a small number of employees, let’s say two or more? If the answer is yes, that is great. You are doing your part to help them and their families make it in this rat race called life. They put in the work and, in turn, earn steady paychecks week in and week out. What about health insurance, do you offer it too? Don’t fret if not because your outfit isn’t the only one.

Why Don’t Employers Provide Employees With Health Insurance?

Nine times out of ten, proprietors do not offer health insurance because of the cost. Traditional plans are expensive, to say the very least, and many business owners simply cannot afford them. If they were to pay for policies, financial troubles could come to fruition. It isn’t that small companies don’t want to do what’s right and best for their workers. Rather, it all boils down to costs.

Do you wish that health insurance was possible for your CBD company employees? Don’t we all. However, there could be a solution within your grasps. Let’s discuss it and see if it’s right for you.

Self-Funded Health Insurance

Self-funded health insurance solutions exist in the modern world. They give employers more control over their plans and significantly reduce their overall coverage costs. How does it work? We are glad you asked. Businesses still pay insurers, but not like with traditional policies. The payment is much smaller and goes to account maintenance.

An account is created for the organizations, and they deposit money into it. Those funds are used to cover doctor and hospital bills. They can also take care of prescriptions and treatments. Companies attempt to keep medical costs in check by promoting wellness education and guidance. Employees learn and follow the directions to stay healthy and fit.

Are You Ready To Take The Next Steps?

Not every agency that offers self-funded health insurance is created equal. Some have prices that are too high, while others provide customer service that is lacking. There are even various organizations and individuals out there that are nothing more than scammers. Don’t let your self-funding experience be an unpleasant one.

Instead, use a trustworthy and proven company like us for your self-funded health insurance needs. We work with numerous providers to give clients affordable and reliable options. The team also goes above and beyond to surpass every customer’s expectations. So, please, don’t delay any longer. Instead, contact National Insurance Partners Inc. to get your quote today.

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