News

Title
edHEALTH's Captive Risk Management Options
How edHEALTH’s Captive Risk Financing Options Work
Nov 22

Under edHEALTH’s captive, member organizations pick their own self-insured retention level based on their risk tolerance, philosophy, financial status, and experience. In addition to the stop-loss coverage schools automatically receive, they can purchase aggregate stop-loss coverage to further protect their risk. Here’s how the risk financing works:

If a school picks a Self-Insured Retention (SIR) of $100,000 per claim:

  • The college will pay any single claim up to $100,000.
  • The Educators Health Insurance Exchange captive will pay the next $1-$650,000 for each individual claim from this school.
  • edHEALTH purchases excess protection from a stop-loss insurer. This insurer reimburses edHEALTH for any part of a particular claim that exceeds $750,000.

Members work with the actuaries to pick a Self-Insured Retention amount that balances their claims experience with the risk of paying claims and stop-loss insurance. Final rates reflect the level of risk a school wants to take and its claims experience.

December 2019 edHEALTH Newsletter

Dec 18
Happy December

Find out edHEALTH news and insights in the December 2019 digital edition of our newsletter.

Continue Reading

Happy New Year Member Schools!

Jan 16
Year end wrapup

We have much to celebrate as this past year brought so much good news for edHEALTH and our member/owner schools. We now have 22 educational institutions and ...

Continue Reading

What to Do if You Have Symptoms of COVID-19

Mar 17
Access telehealth benefits if you are feeling sick

For the benefit of all, if you have COVID-19 symptoms, access your telehealth benefits to see whether you need screening. By using a phone or computer, you’l...

Continue Reading

Share-it Employee Engagement Communications

Mar 30
edHEALTH employee engagement share-it communications

edHEALTH provides share-it employee engagement communications to help member school employees navigate and maximize their healthcare benefits. Check out thes...

Continue Reading

November 2019 edHEALTH Newsletter

Nov 25
November News

Find out edHEALTH news and insights in the November 2019 digital edition of our newsletter.

Continue Reading

February 2020 edHEALTH Newsletter

Feb 19
February 2020 News

Find out edHEALTH news and insights in the February 2020 digital edition of our newsletter.

Continue Reading

Tips for Navigating Coronavirus and Your Healthcare Benefits

Mar 17
COVID-19 coronavirus

What is COVID-19?COVID-19 is a new disease, caused by a novel (or new) coronavirus that has not previously been seen in humans. The virus enters the body thr...

Continue Reading

Tips for Avoiding COVID-19

Mar 17
Wash your hands

Here are tips for avoiding contracting COVID-19:Wash your hands frequently for at least 20 seconds with soap and water. Hum the complete “Happy Birthday” son...

Continue Reading
Top shadow

Contact Us

866.692.7473

Contact edHEALTH today for more information.