Financial Strength

PAISBOA Health Benefit Trust offers its members the benefits of a self-funded plan—a strategy many large U.S. employers are already using. By pooling claims and contributions, members enjoy protection from volatility while avoiding many of the costs associated with traditional insurance carriers.

The Trust follows sound actuarial practices that guarantee sufficient reserves to meet all claims. In addition, stop-loss coverage provides protection to the Trust if any individual’s claims exceed a specified limit in a given year. The Trust’s financial management is overseen by a Finance Committee and is independently audited each year.

For over 30 years, our growing membership base has helped to ensure the Trust’s financial strength and stability.