Built on the foundational value of mutual aid, the MASP provides a risk-sharing mechanism that allows member organizations to provide a self-funded health plan for their employees while spreading risk over a much larger group of people.

 

In essence the MASP facilitates an additional layer of self-funding. Member organizations provide their own self-funded health plan but transfer claims that exceed an annual amount into a pool that is jointly funded. The amount retained by each member organization is low in comparison to commercial self-funded plans. We collectively purchase a stop-loss policy to cover catastrophic claims.

 

Overall this approach provides numerous advantages compared to other options.