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Providing competitive employee benefits at a controlled cost is an increasingly difficult task. A stop loss captive is an alternative risk management tool that allows you to gain control of your plan. A captive is different than traditional stop loss coverage because it gives your plan stability by spreading risk across its members, reducing volatility. You can also earn a profit when the captive outperforms expectations.
Is a captive the right move for you? If you meet the criteria below, it might be time to consider a stop loss captive.