Providing health insurance with Medicare support presents a unique challenge. Traditional plans can be costly and inefficient, leaving both your company and your retirees feeling the pinch.
The Medicare-Friendly Group Health Insurance Alternative
Hilb’s InCap® health care captive program offers a powerful solution. InCap goes beyond simply offering lower premiums; it fosters a sustainable, strategic approach to healthcare that benefits your entire organization, including your Medicare-eligible employees.
Reduced Costs, Increased Savings
InCap leverages the power of a large, diverse member pool to negotiate lower premiums. This translates to significant savings for your company, freeing up resources to invest in other areas. Since inception, InCap members have enjoyed a total of $71 million in claim cost savings!
Profit Sharing, Not Just Cost Sharing
Unlike traditional plans, InCap rewards its members for responsible healthcare utilization. Profits from the program are shared annually, with members receiving a portion of underwriting and investment income. This year alone, member companies received a 15.4% profit share, totaling over $10.5 million distributed back to them.
Stability for Retirees
Traditional plans can be frustrating for retirees facing potential premium hikes or coverage changes. InCap fosters long-term cost stability, mitigating the risk of unexpected increases that could disrupt your retirees’ healthcare budgets.
Focus on Wellness, Not Just Cost
InCap goes beyond simply managing costs. The program incentivizes healthy behaviors, potentially reducing future healthcare needs for your entire workforce, including Medicare-eligible employees.
With a Captive Insurance Group like Hilb, You’re in the Driver’s Seat
InCap is more than just cost savings; it’s a strategic investment in the long-term health and well-being of your entire company.
Contact Hilb Group of New England – Merrimack today and see how InCap can help you create a win-win situation for your business and your Medicare-eligible employees.
Hilb Group of New England – Merrimack has been an innovator in the employee benefits market space for more than twenty years, providing clients with effective, long-term solutions to meet their health plan needs. We help employers control their health plan spending and provide resources that play a critical role in their success, including best-in-class HR services for compliance, technology, employee development and retention, regulatory assistance, and much more.