No. EASE plans are self-insured health plan designs, which may be offered by employers to their eligible personnel for compliant health coverage. Plan sponsors may seek insurance and/or reinsurance for such plans, but the acquisition of (re)insurance does not change the plan, its coverage, or its legal status.
Under federal law, all companies have the right to self-insure and big companies almost always do, because self-insurance gives them better control and cost efficiency than traditional insurance carriers. EASE plans let small and medium-sized companies take advantage of these same valuable benefits.
EASE plans include vendor management services, combining the right team of service providers for your plan that will ensure its smooth administration. EASE vendors do not sell, negotiate, market, or assist in insurance transactions of any kind.