Benefit program cornerstone: Protection

 When you own the protection:
You have choice, ownership and control of unbundled coverage.
Employers make decisions about deductible levels and co-insurance
  contributions, and have the choice of self-funded, partially self-funded, and fully insured plans.
 
 When an insurance company owns them:
Insurer protection provides or enhances reinsurance treaties, state regulation
  and mandates, national health care reform initiatives, HMO managed care chaos and risk pools.