There’s strength—and protection—in membership.
When you join ParetoHealth, you join more than 1,480 employers representing more than 471,000 lives and more than $2.3B in healthcare spending. ParetoHealth captives are formed by groups of employers with the same business goal: To reduce the cost—but not the quality—of their employee health programs, without taking on unnecessary risk.
The first step toward that goal is to become self-insured and start paying your employee claims yourself.
The next step is to protect yourself against unpredictable claims risk and two kinds of coverage are required.
Specific Stop-LossSpecific stop loss insurance covers the high cost of ongoing and catastrophic claims.
Aggregate Stop-LossAggregate stop-loss insurance covers your small claims when there are more of them than you anticipated.
Both specific and aggregate coverage are included with your captive membership and every member contributes to a fund that creates a long-term buffer against stop-loss premiums increases.
That’s how captive membership reduces claims risk and makes the self-insurance possible for employers like you.