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A Health Benefit Captive Solution
In July of 2011, Scott Benefit Services officially launched Legacy, an Employee Benefit Group Captive that brings together high performing companies to provide cost stability, predictability and the accountability necessary to drive desired employee healthcare results and costs.
Scott Benefits Services recognized that the fully insured marketplace was unpredictable and unforgiving, mid-market companies were facing uncertainties related to healthcare reform, and that most had an inability to fully benefit from positive claims experience. In an effort to provide a meaningful and innovative solution, Scott leadership began to research a more effective way to serve qualified companies' needs. The result of that search was the development of Legacy, a one-of-a-kind preferred-risk health plan strategy offering more control and stabilization of group health plan costs. This plan provides best-in-class resources and cost control techniques normally reserved for much larger companies. A benefits captive intrinsically attracts the top performing companies as preferred risk organizations who want to experience:
- Self-insurance with less volatility
- Cost control through access to Fortune 500 claims and health risk management tools
- Cost stabilization through positive claims experience and captive dividends
A Legacy Health captive prospect will ideally have 75-350 employees, good demographics across a stable workforce, strong corporate leadership that values health risk management, and good historical claims experience.
Please let us know if you would like to learn more about qualification, structure, and plan specifics. Together, we can evaluate whether the captive experience is a fit for your business. We are proud to be leading change in the employee benefits industry, as one of only 15 benefits captives in the country!
To learn more, please contact:
Sean Willoughby-Ray
Vice President-Practice Lead
Scott Benefit Services
336-510-0070
sray@scottins.com
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