Could a Health Captive Be Right for You?

As health care costs continue to rise, employers are basically left with three choices: shift costs to employees, eat costs, or reduce benefits.

Maybe you feel your current health care plan doesn’t allow the kind of control you’d really like—or offer the stability and transparency that inspires confidence. Meanwhile, you may still be struggling to keep up with Health Care Reform requirements.

But don't despair. There may be a better alternative:  A captive insurance program can give you a new level of control and financial independence, allowing you to break from the cyclical nature of the traditional insurance marketplace.

Here's how:  A health captive enables a group of companies to join together and form their own insurance company. That means members share risk, and in doing so they create greater purchasing power, cost consistency, and long-term risk management. So, instead of paying premiums to an insurance company (which in turn becomes profit for said insurance company), the group contributes to a shared dividend pool. That money is then rewarded back to members when there's good performance.

Consider a Health Captive if you…

  • Have 50-500+ covered employees
  • Desire more cost control
  • Have an entrepreneurial spirit
  • Care about your employees' health
  • Understand "risk for reward"

Watch this short video to learn more about how a health benefit captive works.

M3's Captive Partners

M3 is committed to offering the best solutions to meet clients’ specific needs.  The captive firms listed below are strategic partners of M3 and available to assist with a thorough review and analysis of how a captive might work for your business. Due to our independent nature, we choose to provide objective advice on the merits of captives versus a sales approach.