CALL US TODAY (855) 975-4949

Put Control of Healthcare Costs in Your Hands

Companies can control the rising costs of healthcare with a Medical Stop Loss Captive program. There are several ways in which you can choose to structure the program based on the size of your business and appetite. For organizations looking to share the risk but prefer to use an existing captive facility rather than form their own, a Rent-A-Captive solution using a Protected Cell Captive is beneficial. You are able to retain a limited amount of additional risk and benefit from the positive experience within the captive layer.

How A Medical Stop Loss Captive Works

Each participating employer has their own aggregate stop loss coverage to pay for claims up to a specific amount. If one employer exceeds their own individual stop loss, the remainder of the group will share in the loss up to a certain amount. The stop-loss carrier will pay for large catastrophic claims. Employees also have a selection of multiple high-deductible plan designs from which to choose.

Moreover, if your business experiences fewer or no medical claims in an insurance year, you will recover some of your captive’s insurance premiums.

All industries are eligible for our Medical Stop Loss program. Caitlin Morgan Captive Services employs strong underwriting criteria, with each group’s current risk evaluated. The key behind using a Medical Stop Loss program is the commitment of each employer when it comes to having similar benefit philosophies, health-management tools, including wellness, and best practices.


 

Benefits of A Medical Stop-Loss Captive

  • Take control of your health benefits plan
  • Less volatility than traditional self-funded program
  • Cost savings by joining other like-minded companies
  • Receive back unused claim dollars normally retained by insurance carrier
  • Share in benefits and premiums that only much larger companies would receive

 

 

top-add-image
RECENT POSTS FROM THE BLOG

Blog
June 21st, 2019
The Rise of Captives for Terrorism Risk

The terror attacks of September 11, 2001 changed millions of lives, with ramifications that continue to this day. The insurance industry was also forever changed by the events that took place that fateful day. Terrorist acts had long been excluded...

Read More
Blog
May 22nd, 2019
What We Learned from CICA 2019

One of the most highly-anticipated events in the captive insurance industry is the international conference hosted by the Captive Insurance Companies Association (CICA). Kicking off on March 10, 2019 and concluding on March 12 in Tucson, Arizona, the CICA 2019...

Read More