For years, large companies have elected to participate in alternative risk transfer strategies like self-funding. Mid-market companies now have a similar option in a group captive. A group captive is an insurance company that is owned by its participants. Group captive solutions focus on what survey after survey shows to be the most important and desirable employee benefit – but also the second largest employer expense after salaries and wages – health insurance.

Medical captives take advantage of the economies of scale and negotiating strengths inherent in a large census to:

• Reduce insurance costs
• Lower risk profiles
• Optimize tax savings

By pooling organizations with similar interests and/or risk profiles, these benefits are now available to middle market companies, non-profit agencies, groups and associations.