Mississippi Administrative Services, Inc. is one of the oldest and largest third party administrators in the South. At MAS, it is our goal to provide quality service at an affordable cost through partially self-funded medical plans.

Over the last twenty years, health insurance premiums and medical costs have risen to a formidable high, thus resulting in greater costs to the company and lesser benefits for its employees.

The Concept of Partial Self-Funding

Generally, insurance companies assume risk: the greater the risk, the greater the cost of the insurance. A substantial amount of money can be saved if employers are able to manage their own risks.

Medical insurance cost is composed of two distinct segments of exposure: predictable risk and unpredictable risk.

A company with a solid financial background and steady claims experience should not insure the risk that it can afford to pay. Therefore, the Partially Self-Funded Medical Plan allows the employer to assume the predictable risk. To provide protection against unpredictable risk or catastrophic claims, the employer insures that risk with a reinsurance company.

Professional Services

• Plan Rating and Initial Cost Projections
• Secure Stop-Low Coverage
• Assist in Preparation of Plan Document
• Prepare Employee Handbook and ID Cards
• Have Computer Checks Printed for the Employee Benefit Plan
• Set up Monthly Accounting Procedures
• Negotiate with Doctors and Hospitals in Your Area for Reduced Rates
• Professional Claims Processing
• Professional Utilization Management
• Professional Individual Case Management
• Provide Monthly and Annual Statistical Reports
• Annual Statistical Reviews and Future Cost Projections
• Continuous Review of Benefits for Cost Containment Measures
• Physician and Pharmacist on Staff for Claims Review and Consultation