Health and Welfare Captives

The advantages of captives are multiple and can be significant:

• Potential short and long-term cost savings
• Customized employee benefits designs and property & casualty programs
• Enterprise risk financing applications
• Potential financial efficiencies like cash flow and insurance

Those are just a few of the benefits of captives. The bottom line with captives is that they offer significantly more efficiency, flexibility and control than a typical fully-funded solution. If this sounds even slightly appealing, you owe it to your company and your employees to to learn more about the Captive as a solution to manage the ever-rising costs of group health insurance. 

Save and Manage Costs

• Accelerate cash flow through premiums, claims and reserves
• Reduce costs (taxes, risk charges, administration, underwriting)
• Capture investment return 
• Improve cash flow and centralize investment of reserves 
• Captive underwriting savings

Increase Control

• Design coverage and provisions of benefits
• Improve data management and claim cost management
• Remove insurer’s profit loading
• Improve management reporting and understanding of risks

Improve Risk Management

• Operate and manage a central risk pool 
• Implement appropriate stop loss reinsurance to manage peak risks
• Reduce overall cost of risk