The right funding option offers protection from financial risk at the right cost to employers. For smaller groups, that might be fully funded. Large companies benefit from self-funding.
But there’s an option for mid-sized groups that balances the potential savings of self-funding with the protection of full funding by pooling groups of like-minded employers. Mike Suttman, McGohan Brabender President, joins Scott McGohan to explain Captive funding arrangements.
If you have between 50 and 300 employees, you’ll want to hear this.
McGohan Brabender’s President and Shareholder, Mike Suttman joins CEO Scott McGohan in this episode of Side Affects. Mike expertise is with insurance captives and communicating whether a business should or should not implement various plans for their success. He began his career with McGohan Brabender Senior Solutions and quickly rose to become Vice-President.
In this episode, Mike Suttman shares his expertise on captives.
Every few years, we host an event that highlights the latest tools and technologies in health benefits. Scott is joined by Dave Homan, director of innovation at MB, and MB President Mike Suttman as they touch on the highlights of the May 2016 Symposium. They welcome special guest Den Bishop of ACAP Health.
Reference-based pricing is a tool that reveals the true cost of healthcare services. Scott and Anne Marie discuss reference-based pricing, gating strategies, bundled services and other ways to bring transparency to your costs.
Scott and Anne Marie take another look at self-funding, this time considering the risks. In the long run, self-funding will save most companies money. But you have to be prepared for a down year. Is stop-loss the answer? Scott and Anne Marie talk about how stop-loss can protect you from a future unknown risk.