Why Captives

Over the past five years, the popularity of captive insurance companies has skyrocketed. Not only do more than 90% of Fortune 500 businesses own at least one captive, but even small and mid-sized companies have formed them.

With Group Health benefits being the second largest P&L expense for small to medium sized businesses , coupled with the ever increasing costs to employers, there is a huge concern of affordability leading to deeper concerns of employee sustainability in the marketplace.

Over the last decade, family premiums for employer-sponsored coverage have jumped 47%, according to a report from the Kaiser Family Foundation. That rate outpaces both wage growth (31%) and inflation (23%) over the same time period.

An ACA Compliant health captive is a great alternative for small to medium sized businesses versus the limited options available in the traditional health insurance marketplace for the following reasons, but not limited to the following:

1. Potential of Significant Savings

• Minimize Employer's Health Insurance costs & improve cashflow without sacrificing coverage or raising deductibles
• Our Captive Management Company has an average of 20% Savings for Employers
• Opportunity to minimize premium increases

2. Control of Group Health Plan
Ability to decide on things such as:

• Third-Party Administrators
• Pharmacy Benefit Managers
• Risk Tolerance Preferences
• Provider Networks
• Guidance in Controlling Future Claims