Medical Captive Underwriters
Founded in 2014, Medical Captive Underwriters focuses on developing best-in-class alternative risk transfer programs. Our senior management team launched 4 startup health insurance group captives. We transitioned another existing stop-loss captive program from a platform where all aspects were controlled by the UW carrier to an unbundled, transparent platform. Effectively improving the captive funding, streamlining the employer financial reports, increasing the transparency allowing the program to flourish and grow.
Our primary focus today is an open access medical stop-loss group captive programs for midsize employers (50-500 lives), ClearCaptive. We also private label programs for an insurance agency, association or claims administrator. We unbundle the stop-loss captive program structure, intending to meet your goals which may include using your own captive or coupled with your identified risk mitigation solutions.
MCU offers individually tailored alternative risk transfer programs to insurance agencies nationally, using either a group or single parent captive structure. Health insurance is known for large claims occurring quickly. The law of large numbers can and does smooth the impact for both an individual employer and all program members. Fully insured employers are not aware of how and why their health insurance increases are justified. Once an employer views and measures claims costs, management can seek to control and potentially mitigate future events.
Our goal of reducing/controlling each member's major medical spend year over year is supported by our results. 95% retention of enrolled employers, less than 5% overall annual contract increase and greater than 15% of stop-loss premiums returned since inception.
The law of large numbers can smooth and lower medical spend and trend for middle market employers. Not all large numbers are the same, underwriting matters or the “law” may not apply! We focus on underwriting and tailored mitigation strategies based on transparency provided from the program solutions we create.
Employers focus remains on managing, retaining and recruiting employees. We work with your agent and claims administrator managing your health insurance operations.
Our primary focus today is an open access medical stop-loss group captive programs for midsize employers (50-500 lives), ClearCaptive. We also private label programs for an insurance agency, association or claims administrator. We unbundle the stop-loss captive program structure, intending to meet your goals which may include using your own captive or coupled with your identified risk mitigation solutions.
MCU offers individually tailored alternative risk transfer programs to insurance agencies nationally, using either a group or single parent captive structure. Health insurance is known for large claims occurring quickly. The law of large numbers can and does smooth the impact for both an individual employer and all program members. Fully insured employers are not aware of how and why their health insurance increases are justified. Once an employer views and measures claims costs, management can seek to control and potentially mitigate future events.
Our goal of reducing/controlling each member's major medical spend year over year is supported by our results. 95% retention of enrolled employers, less than 5% overall annual contract increase and greater than 15% of stop-loss premiums returned since inception.
The law of large numbers can smooth and lower medical spend and trend for middle market employers. Not all large numbers are the same, underwriting matters or the “law” may not apply! We focus on underwriting and tailored mitigation strategies based on transparency provided from the program solutions we create.
Employers focus remains on managing, retaining and recruiting employees. We work with your agent and claims administrator managing your health insurance operations.
ClearCaptive Program
Formed in 2015, ClearCaptive is MCU's 50 state open access medical group captive solution for individual employers.