A 12,000 employee, the multi-state company came to Alera Group looking to increase their benefit offerings while minimizing risks to its parent company and was particularly interested in creative solutions that might not be in the typical insurance captives. With such a large company and an enormous number of national, state, and local government healthcare regulations to consider, the task of developing a creative captive solution required a great amount of experience and attention to detail to ensure compliance with all governing bodies.
Because of the creative solution to fund employee benefits through a captive, the company realized significant savings which were then passed along to the employees in the form of better benefits. Download the full story above to learn more about how Captives and how Alera Group can help minimize risks and increase savings.
Contact us if you’re interested in learning more about captives and saving on your Employee Benefits without sacrificing quality.