CAPTIVE INSIGHT
Raise your hand if the subject of employee benefits coverage has
come up during your captives Board of Directors meetings in the
last few years? Although this field is highly specialised and should
always be considered in conjunction with the entire portfolio of
enterprise risks within your organization, we will attempt to outline
the basics concepts to consider when having these important
discussions.
Regardless of the reasons for the ACA: “greedy” insurance
companies, costs of medications and medical devices, no one
can dispute that the cost of healthcare continues to increase.
Forecasts from Society of Human Resource Management and
PwC’s Health Research Institute are projecting that employers
will see an average increase of 6% on their health benefits costs
in 2019.