The Alliance is taking the next step toward helping members capture stop-loss savings by creating a medical stop-loss captive. In 2017, The Alliance held a feasibility study to examine whether Alliance members were interested in forming a captive. The answer was clearly “yes.”
Every bidder for your health plan’s business claims their network of hospitals, doctors and health services will save you money. But how do you know whether that’s true or just marketing hype?
When the annual physical exam identifies a significant health problem, that’s definitely a plus. But what if it leads to a “false positive” test result that results in more tests and possibly even treatment that the patient didn’t need in the first place?
Kevin Lamp, Chief Financial Officer (CFO) of The Fall River Group in Fall River, Wis., recently shared his perspective on why members of The Alliance cooperative should consider participating in an insurance captive. Kevin’s remarks are shared below to help you decide whether your company can benefit.