According to the report by Avizent, innovative programs traditionally focused on the property and casualty market will be used in 2010 to control escalating costs in the health care arena.
Once primarily an option for large employers, the company said group captives are emerging as a key risk sharing strategy for small to midsize employers and associations for their workers' comp programs. New options also allow smaller companies to self-fund captives and use the program to cover health insurance excess, providing opportunities for program improvement and significant cost savings.
March 8, 2010
Copyright 2010© LRP Publications