Strategic Advantages of Captives
On Thursday, November 14, edHEALTH participated in the Vermont Captive Insurance Association’s (VCIA’s) Boston Road Show where attendees learned how captives provide a strategic advantage. Covered topics included:
- Reasons for formation
- Feasibility process
- Key issues to consider
- Cost structures
- Capital requirements
- Vermont regulatory requirements
Following presentations on regulatory changes, Tracy Hassett, Educators Health Insurance Exchange Captive’s President and CEO, and Gail Newman, Bright Horizon’s Vice President of Risk Management, participated in a discussion moderated by VCIA’s President, Richard Smith. They each described their experience owning and running a captive.
How edHEALTH Uses Data to Drive Innovation
On Thursday, August 7, 2019, edHEALTH President Tracy Hassett participated in a discussion about how Captives continue to innovate to provide coverage and services. Coordinated by A.M. BestTV, she was joined by John Andre, managing director of A.M. Best Rating Services, Dean Thompson, Marketing & Sales lead for edHEALTH’s population health vendor HCMS Group LLC, and George M. Levine, Director of KPMG’s actuarial and insurance risk practice. The group discussed the importance of data in innovation.
Watch the video to learn more about:
- How A.M. Best is evaluating the incorporation of innovation into their Best's Credit Ratings methodologies
- edHEALTH's proactive approach into understanding cost drivers
- How data innovation cuts costs for employers and employees while also improving productivity