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The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

A FREE 12-page special report from Captive.com

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance explores the challenges presented by today's business and economic upheaval, as well as the hardening insurance market, and what it means for the captive insurance industry.

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Using a Captive for Funding Retiree Medical Plans

retireebenefits
September 23, 2014
A captive insurance company is an option for funding retiree benefits, Spring Consulting points out.

“Luckily for sponsors of retiree medical plans a captive writing a fronted Trust Owned Health Insurance (TOHI) Program can add financial efficiencies, while potentially lowering costs and lowering cost volatility,” according to Karen Landry, Managing Partner of Spring.

The recent Internal Revenue Service (IRS) Revenue Ruling 2014-15 indicates TOHI may be a good mechanism for funding retiree benefits. A recent article on this topic written by Tom King and Josepha Conway and located at the Spring Consulting website also reviews traditionally funded retiree medical benefits vehicles and gives a brief summary of the Internal Revenue Service Ruling.
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