Fully-insured premiums cover claims, reserves, taxes, insurance carrier profits and more. And even when you have fewer claims than expected, your carrier keeps all your money. But if your claims are higher, you get a huge renewal increase. You can’t win.
When you self-insure, you pay employee claims directly. You cover your costs—not your carrier’s needs. And you save.
But self-insurance has to be done right. If you go it alone, you take on the risk of having to pay ongoing and catastrophic claims. And ordinary stop-loss insurance just won’t protect you.
And that’s why ParetoHealth created the nation’s largest health benefits captive—to make claims risk protection affordable so employers like you can realize the savings in self-insurance done right.
