About Captivated Health
Self-insurance arrangements have not always been a viable solution for mid-sized employers. Faced with spreading risk across a pool that is too small to be predictable, many mid-market clients have been slow to embrace it as a funding strategy, even when it makes sense conceptually.
Using a Captive arrangement to bring together many like-minded employers has made self insurance more acceptable to those employers, but the cost of starting a captive, along with administrative costs, legal complexities and general administration has kept that arrangement out of reach of most clients and prospects.
Captivated Health provides you with a turnkey self-insured captive arrangement with proven savings for its members. We go beyond the traditional self-insured model to add components we believe are the key to long term sustainability.
Each Captivated member organization offers consumer-driven plan(s) and commits to promoting and helping their clients use tools we provide to improve the long-term health of their employees. If your client is taking risk – even within the comfortable confines of a multiple employer captive arrangement – it is in their best long-term interests to do everything possible to create a culture of consumerism, health & wellbeing.
Our three-tiered financial model is unique. Combining both specific and aggregate stop loss coverage, the model allows the individual employer to assume the risks for the most predictable claims expenses, shares risk for those claims that are not as predictable, but are also not extreme. The stop-loss carrier pays the largest, least-predictable claims.