Benefits Think Block strategy lays foundation for a successful book
Savvy brokers are building scalable, strategic momentum with coordinated, high-performing blocks that feature the right employers.
Savvy brokers are building scalable, strategic momentum with coordinated, high-performing blocks that feature the right employers.
Employer clients must be prepared to contribute additional capital to fund and secure the captive's initial surplus, typically 10% to 15% of the first year's premium.
SMBs flock to group captives because they promise large group purchasing power, lower pricing volatility and greater transparency into claims and data.
Long gone are the days of set-it-and-forget-it fully insured policies, as transparent models empower employers to take control of health insurance costs.
Alternative funding options proving to be nimble for small to midsize businesses with more localized needs and growing interest in direct contracts.
Amid the movement away from the fully insured arena, small to midsize businesses increasingly are embracing captives, cash prices, AI and other avenues.