“A Captive insurance company is an organization created to provide insurance coverage specifically for its owners. It allows schools or institutions to better manage risks, reduce insurance costs, and design coverage that meets their unique need”
How Do I Pick The Right Captive
For My Organization?
Make Sure To Evaluate Your Captive Options
On These Key Categories:
- Years of Experience
- Industry Specialization
- Underwriting Partner
- No New Laser Rate Cap
- Clinical Navigation
- Best-In-Class Stop-Loss Contract Provisions
- Stop Loss Performance
- Governance
- Transparency
What Captive Covers All Those Categories And More?
I think you know the answer!
Captivated Health was designed specifically for schools. This Specialization and expertise, coupled with over 10+ years of experience yields an organization that provides itself on stability and proven results.
We are self governed through a set of by-laws and representative governance structure. Fully transparent contractual captive model that has returned millions of premium to members for over 10 years.
But Don’t Just Take It From Us
Captivated Examples
Captivated Health Story
A 60 year-old independent school had absorbed multiple double digit renewals and was facing a 19% increase on their fully insured plan. Facing high costs and with limited access to their data, the school sought to take a turn toward long-term stability and intelligent, claims-driven decision making.
After Joining Captivated Health:
Year 1: Due to conservative pricing projections, the plan built savings of 90,000 by the end of the first year. Those savings act as shock absorbers for any future unexpected claims, minimizing volatility and helping build a climate of predictability and stability.
Year 2: A favorable plan increase of 13.4% and increased savings of $60,000 allowed the school to forgo any changes for employees.
Year 3: Beginning to realize the results of their multi-year strategy, the school had no rate increase in year three.
Conclusion: Despite the initial challenges, Captivated Health successfully provided the school, faculty, and staff with the facts and tools to become a better health care consumers and yielded a win all around.
