If you operate a small business that still needs to find a viable healthcare plan option for its employees, you may have started to research the possibility of captive health insurance. This unique insurance type allows your company to provide coverage through joining a parent company. Here are the basics.
When you join with other companies under a parent company, you may be eligible for captive health coverage. This insurance option could:
Due to their complexity, some companies with captive health coverage may need to hire one or more new employees to manage the details. These employees would:
If your business has considered opting in to captive health insurance as a way of securing health coverage for your employees, it’s important to make sure you understand all the basics. This insurance type can help you tailor insurance coverage to your business’s needs and could require you to bring extra employees on board to handle the details.