Healthcare liability captives, according to Michael Maglaras, principal at Michael Maglaras & Company, contain millions of dollars of paid claims data that will translate into improved margins and quality improvements directly related to the mistakes of the past.
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.
John S. Alberici, of Alberici Corporation, discusses how ambiguities in legislation and premium taxation issues can be addressed by domiciling a captive insurer in a company's home state.
John S. Alberici, of Alberici Corporation, discusses how having more of a company's own capital at risk results in an increased focus and level of involvement in terms of safety and controlling costs.
Cost is not the only consideration when deciding where to domicile a captive insurer, as John S. Alberici, of Alberici Corporation, discusses in this video. While domiciling in a company's home state can save many costs, evaluating the state's commitment to captive insurance programs is equally important to domicile selection.