If an Employer Decides to Self Fund Their Insurance Plan

If an employer decides to self fund their insurance plan:

A) they contract with a carrier such as HealthAmerica or Blue Cross.
B) they may avoid having to follow some state requirements related to benefits.
C) they generally incur higher costs overall.
D) they can avoid paying premiums and taxes on those premiums.
E) catastrophic illnesses are not a concern because there is always sufficient funds in the plan to pay for those expenses.