EMPLOYEE BENEFITS CAPTIVE
Employee Benefits Captive
The fear of “risk” keeps many companies from self-funding their employee health benefits. With an employee benefits captive, we can reduce that fear with solid results and actual cost savings. Through creative cost containment strategies and high-tech, high-touch employee engagement, you get the control of your health benefits that you have been waiting for.
ADVANTAGES OF A CAPTIVE
No lasers on claims or claimants that occur after you join the captive
Participation in any underwriting profits. If you run well, a portion of your premium is returned to you.
Tighter banding of renewal premium increases – the largest increase a captive member ever received for specific stop loss premium was 30%. Renewals average 5%.
Inclusion in a community of like-minded employers with whom you can learn from and share best practices with to improve your plan performance.
Access to all cost containment strategies, which allows you to easily construct a multi-year strategic cost containment plan.