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Benefits Programs

Benefits Programs

When it comes to employee healthcare and benefits, we see things differently. At Conner Insurance, we put employee health at the center of everything we do. We partner with businesses to uncover their unique healthcare needs, identify opportunities for savings, and address pain points—ultimately lowering costs while improving the quality of care for employees.

We don’t believe in cookie-cutter plans. Our benefits programs offer a full spectrum of funding mechanisms, including self-funded, ICHRA, level-funded, and fully insured models. Each option is designed to help you align your health plan with your company’s goals, values, and financial priorities. Whether you’re seeking greater control and transparency or the simplicity of a fully insured option, our team helps you build a benefits strategy that fits.

Ready to break away from the status quo? Explore flexible, cost-effective solutions that prioritize employee wellness and long-term value for your organization.

Fully Insured Insurance

Fully Insured

In a fully-insured plan, the company pays an annual premium to the insurance carrier, usually at a fixed rate for a year. The carrier then manages the collection of premiums and processes healthcare claims according to the outlined coverage benefits in the purchased policy. Covered individuals, including employees and dependents, are responsible for any deductible amounts or co-payments associated with the covered services outlined in the policy.

Self Insured Insurance

Self-Funded

A self-funded health plan is a funding arrangement in which the employer assumes direct financial responsibility for the costs of enrollees’ medical claims. Rather than paying fixed premiums to an insurance carrier—which, in turn, assumes the financial risk of paying claims—the employer pays for medical claims out-of-pocket as they are incurred. In self-funded plans, employers pay two types of costs: fixed costs and claims costs. Any unused claims dollars go back to the employer, rather than becoming profit for the insurance carrier.

View the Visual Guide
Level Funded Insurance

Level-Funded

A Level-Funded Health Plan combines the predictability of a fully insured plan with the savings potential of self-funding. Employers pay a fixed monthly amount (or “level” payment) that covers administrative fees, stop-loss coverage, and a claims fund. If claims are lower than expected, employers may receive a refund of unused funds — something not available with traditional insurance. If claims exceed expectations, the stop-loss policy kicks in to protect the business from high costs.

ICHRA

ICHRA

An Individual Coverage Health Reimbursement Arrangement (ICHRA) is a modern health benefits solution that allows employers to reimburse employees tax-free for the cost of individual health insurance premiums and qualified medical expenses. Rather than offering a traditional group health plan, employers give employees a monthly allowance to choose the coverage that fits their needs. ICHRA plans provide greater flexibility, cost control, and employee choice, making them an attractive option for organizations of all sizes — especially those with a remote or distributed workforce.

Real Results: $35M+ in Savings

Discover how Life Science Innovations partnered with Conner Insurance to redesign their benefits strategy and achieve over $0 in healthcare savings.

“As always Ben, Ryan and Ricki are all extremely helpful and knowledgeable. They know and understand our needs and goals!”

Angela Koosman, Life Science Innovations
Read the Full Case Study

Most people use these terms interchangeably, however, they are technically different. Self-funded plans are protected by reinsurance. Self-insurance usually means that someone or something is taking on the risk entirely.

Speak to An Advisor for a Consultation

Every employer needs to make this evaluation on their own, but there can be proper ways to purchase reinsurance that is helpful for employers with 50 or more employees to successfully self-fund their health insurance program.

Speak to An Advisor for a Consultation

Self-funded plans, fully insured plans, ICHRA, level-funded, and captive insurance are all great options. An effective employee benefits package begins with assessing what your employees’ needs are before getting started. This ensures that the employer will be adding true value to the employment experience while maximizing company funds.

Speak to An Advisor for a Consultation

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Other Types of Insurance

Your company works hard, so insurance should come easy. Let Conner Insurance work with you to develop your benefits program, commercial insurance, and other types of insurance coverage. Together we’ll create a comprehensive program that works for your business.

Serving Indiana and Beyond

Protect your employees, customers, and your business with Conner Insurance. We cover Carmel, Westfield, Fishers, Indianapolis, and Brownsburg, and the entire state of Indiana. Don't live in Indiana? We can write policies in all 50 U.S. states. In addition to benefits, we also offer commercial insurance, consulting, and personal insurance policies. Contact us at (317) 808-7711 to speak to an insurance advisor.

Benefits Team

Ben Conner Conner Insurance

Ben Conner

Chief Executive Officer

Ryan Spencer Conner Insurance

Ryan Spencer

Advisor, Co-Founder City on a Hill Health

Diana Miller Conner Insurance

Diana Miller

Benefits Advisor

Ricki Hancart Conner Insurance

Ricki Hancart

Benefits Advisor

Stephanie Creech Conner Insurance

Stephanie Creech

Senior Account Manager

Laura Busick Conner Insurance

Laura Busick

Senior Account Manager and Team Lead

Karen Zmikly Conner Insurance

Karen Zmikly

Account Manager and Team Lead (Small Business Unit)

Sydney Dungey Conner Insurance

Sydney Dungey

Account Manager

Kristina Henderson Conner Insurance

Kristina Henderson

Account Manager

Christopher Mindach Conner Insurance

Christopher Mindach

Benefits Advisor

Evan Brankle Conner Insurance

Evan Brankle

Account Manager

Laura Schieltz Conner Insurance

Laura Schieltz

Account Manager

Sherry Fleener Conner Insurance

Sherry Fleener

Account Manager


What People Say

Conner Insurance has set the standard for superior guidance and exceptional service for more than 70 years.

Cheryl Wood

Association of Christian Schools International

We always look forward to new ideas from Conner Insurance to help us improve our benefits and contain costs. The Conner team brings a different perspective, energy, and commitment to designing a benefits program for our non-profit ministry and is a pleasure to work with.

Aaron Spencer

Indiana United Methodist Children’s Home

Great partnership that allows us to provide an affordable health care solution for both the company and employees.

Aaron Roberston

HandledNow LLC

Conner seems to be proactive in their approach to communication about anything we need to be aware of. Everyone we work with at Conner seems to care about the success of our business.

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