Mark Sims of Captive Alternatives advises that many businesses are looking to use their captive insurance company to help control healthcare costs.
Michael Maglaras, president of Michael Maglaras & Company, suggests the time has come to insure direct statutory workers compensation in captives.
In this video, Debbie Liebeskind of Towers Watson discusses how captive insurance companies insuring employee benefits have traditionally covered life and disability benefits.
In this video, Debbie Liebeskind of Towers Watson advises that feasibility studies should be undertaken to evaluate such a business decision, including conducting an underwriting review of prior claims and premium data and an actuarial analysis of the data that also considers fronting fees, taxes, capital requirements, and the like to understand the long-term viability of the financials for a captive transaction.
Healthcare liability captive insurers represent a significant segment of the captive industry and are becoming even more so under accountable care, says Michael Maglaras, principal at Michael Maglaras & Company, in this video on healthcare liability captives.