Discover Reduced Costs and Increased Control
Employers today have more insurance options than traditional plans – including employee benefit group captives. Group captives allow like-minded employers with 100 to 300 employees to form and manage their own insurance entity. The result is reduced costs and increased control of employee benefits.
Conner Strong & Buckelew partners with Pareto Captive Services to offer unique access to this innovative and contemporary benefits stop loss captive solution.
How Employee Benefit Group Captives Work
When employee claims are modest, your organization saves a portion of the profit typically kept by insurance carriers. When claims are extensive, your group captive absorbs the shock. Individual players in the partnership assume the following roles:
Cost Comparison: Group Captive vs. Traditional Insurance
Who Benefits From Employee Benefit Group Captives?
The employer. Employee group captives are created by employers, for employers. Your return on investments may include:
Watch this short video to see if a benefits captive is right for your business. This video provides a broad outline of the captive model for preliminary informational purposes.
If after viewing the short video you are further interested in securing a detailed financial analysis from the benefits captive, there are two important videos you must view that will help you truly understand the model's sustained impact and value proposition. The first video is Risk Financing which explains how being self funded outpaces fully insured arrangements. The second is devoted to unique approaches in effective Cost Containment Strategies.
For more information on captives, please contact us at 1-877-861-3220 or firstname.lastname@example.org.