NAHU Self Funding Certification Course
- Thread starter mschlange
- Start date
- 29,487
I am not familiar with the course but if you think a correspondence or online course will make you proficient in self funding you are wrong.
The basics of SF are simple. Most plans bypass any state mandates and follow federal rules, especially ERISA.
To really understand SF you need to have a working knowledge of claims, underwriting, reinsurance, the role TPA's play and so forth. That comes from doing, not by reading.
The basics of SF are simple. Most plans bypass any state mandates and follow federal rules, especially ERISA.
To really understand SF you need to have a working knowledge of claims, underwriting, reinsurance, the role TPA's play and so forth. That comes from doing, not by reading.
Bobs the man! (thanks bob)
I agree wholeheatedly, but I can see 2 reasons why you may want to take the course. The first is that it should give you a good overview of the basics, and maybe even more. If you are lacking in self-funding knowledge the course can be a great primer.
The second is if you are looking to add credentials, especially if you want to use them as a means of providing credibility to you. Personally, I do not care, but some people/customers may.
The American College used to offer a CEBS designation. No idea how many people, other than me, completed the course work.
CEBS = Certified Employee Benefit Specialist
Looks like they spun it off to the IFEBP
I don't know what the course is like today but it was very thorough when I took it . . . a long, long time ago
CEBS = Certified Employee Benefit Specialist
Looks like they spun it off to the IFEBP
I don't know what the course is like today but it was very thorough when I took it . . . a long, long time ago
I found it semi-useless. I even taught it in the mid-90's for a few years. Often I would discuss how the book information would differ from reality.
I took the CEBS course because I wanted a designation that was relevant to what I was doing at the time. I completed the CLU course work in the late 70's but I never really worked the life side. Most of my career was employee benefits. Moved into self funding in 86 and stayed in that field until 2004.
When I used the CEBS after my name on correspondence no one knew what it was, so I stopped using it.
When I used the CEBS after my name on correspondence no one knew what it was, so I stopped using it.
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