Captive Stability Is The New Performance

Captive Stability Is The New Performance

Risk On

Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result.

Today, however, your clients face economic headwinds that loom on the horizon, coupled with myriad tail risks that cannot be fully quantified or accounted for. It’s clear that the “risk on” days have fallen out of fashion and are largely behind us.

Risk Off

Looking toward the path ahead, we find ourselves heading toward a “risk off” environment, where your clients are increasingly demanding stability today and for the foreseeable future.
Within the backdrop of this new normal, it is not a matter of whether your clients will be impacted, but rather, how much they will be impacted and how well you have positioned them for success.

Stability Is The New Performance

Here at Everlong, we’ve developed a purpose-built high performance health insurance captive that’s nimble enough to navigate the foggy path ahead while designed specifically to help your mid-size employer clients achieve industry-leading stability and performance during these uncertain times—without having to cut benefits, shift costs to employees, or pay up.

MYTH:

  • You need to have an ocean of employers to achieve stability.

FACTS:

  • Everlong’s five-year average stop loss increase is just 3.9%.
  • No risk of future lasers, with 100% transparency and maximum stability achieved.
  • We achieve high performance and stability with no more than 50 members per cell.

And, after taking return of premium into account, our members are experiencing -6% renewals. As a result, your efforts transition from knee-jerk marketing and putting out fires to consulting on plan design and claims reduction.

With volatility and risk exposure increasing for your clients, consider not only what percentage of your book should be held in a captive, but the performance and stability of that captive.


We are partnering with forward thinking brokers that are providing their clients stability today.

Have you positioned your clients on terra firma?

PARTNER WITH EVERLONG

The Everlong Difference (Part 4): Invest More in What Works, Divest from the Rest

The Everlong Difference (Part 4): Invest More in What Works, Divest from the Rest

The Everlong Difference (Part 4):

Invest More in What Works, Divest from the Rest

In today’s economy, the allocation of resources provides little margin for error. It’s no longer sufficient to invest in what’s working today, you must also be able leverage analytical insights to successfully navigate what’s working tomorrow and just as importantly, what’s not working and should be divested from.

Reporting and delivering advice to your clients that’s actionable and effective can make or break a partnership.

That’s why we’ve partnered with Springbuk to provide you with full access to a powerful health analytics platform – and not just the “light” version. When it comes to health and financial outcomes, you need all the insights you can get to provide the best data-driven recommendations for your clients.

What is Springbuk?

Springbuk is a data analytics tool that enables an employer to understand specifically what variables are contributing to their claims. This includes identifying compliance gaps for chronic conditions and preventative care, along with the ability to forecast future claims spend within the population.

Program features include:

  • Insights – an analytics platform which identifies savings opportunities
  • Answers – a data analytics tool to dive deep into cost drivers
  • Standard and custom reporting options
  • Plan design modeler

Everlong offers the premier version to all members at no cost to help your clients understand their healthcare spend like never before.

Everlong Members

By participating in our high performance health insurance captives you can help your clients:

  • Customize health resources that are the most relevant and accurate
  • Types of wellness initiatives they should implement based on their employees’ health
  • Which vendor or partner types are best positioned to move the health and cost needle

According to a study by the Society for Human Resource Management (SHRM), nearly 90% of companies leverage healthcare benefits as part of their talent acquisition strategy.

Access to Springbuk will provide you with deeper insights into your clients’ benefits plan to identify areas of risk and implement countermeasures.

The key concept here is that Springbuk insights coupled with Everlong recommendations will help your clients invest more in what works and divest from what doesn’t.

There’s frankly no better way to improve your client’s condition than to implement this approach.


As the industry evolves, consider what percentage of your book should be held in a captive.

Invest in what works. Invest in Everlong and we’ll take care of the rest. 

Work With Us

Recent Posts

Captive Stability Is The New Performance

Risk On Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result....

The Everlong Difference (Part 3): Use Positive Peer Pressure to Your Advantage

The Everlong Difference (Part 3): Use Positive Peer Pressure to Your Advantage

The Everlong Difference (Part 3):

Use Positive Peer Pressure to Your Advantage

We’ve all heard that peer pressure is “bad” and although that’s arguably true, there is new research that indicates how positive peer pressure creates a social advantage. And within the field of behavioral economics, human behavior is explained as being shaped by certain influences like social pressure.

This intuitively makes sense, right? What if there was a better way to purchase group health insurance?

There is a better way. And it makes sense, too.

Within our high performance health insurance captives, there are no more than 50 members (employers) per cell. This means your client truly gets to know their fellow captive cell members over time and yes … feel a little positive peer pressure as their fellow captive members improve their plans and reduce their costs. This social dynamic is a powerful force elevating the performance of each cell. 

What makes for an ideal captive member?

  • 50 to 500 employees on the medical plan
  • Fully insured or self-funded (and tired of it)
  • Few decision makers
  • Innovative decision makers
  • Appetite for claim reduction initiatives

Members also network continuously throughout the year, providing each other with timely input on existing and potential claims reduction vendors and other invaluable insights. Each cell also determines the location and format of their Annual Member Meeting (most recently Park City, Utah).

Member cells are led and managed by a seasoned Everlong consultant that has incentive-based compensation tied to the financial performance of the cell.

For employers that are members of the Everlong Captive, they are able to reinvest the profits that health insurance carriers make back into their business.

Walter Payton of the Chicago Bears once said, “We are stronger together than we are alone.”

It’s with that same team spirit in mind, camaraderie, and positive peer pressure in practice that we embody within the Everlong Captive. Build in your advantage today. Become an Everlong Captive member.

Recent Posts

Captive Stability Is The New Performance

Risk On Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result....

The Everlong Difference (Part 2): Give Your Clients the Benefit of Two Years

The Everlong Difference (Part 2): Give Your Clients the Benefit of Two Years

The Everlong Difference (Part 2):

Give Your Clients the Benefit of Two Years

What if your clients could have the luxury of time (up to two years) on their side? Time to participate in a purpose-built high performance health insurance captive. Time to stop shopping for stop-loss coverage. Time to mitigate the wild fluctuations in stop-loss premium. Time to keep the … profit.

We call it our Brand Promise Guarantee.

Aside from being acquired, dropping below 50 employees on the plan, or going out of business, if your client leaves the program in the first two years, we’ll refund you 100% of our fees.

Welcome to a better way to purchase group health insurance.

Our founders were innovative benefits brokers, just like you and have reimagined and redesigned employer-based healthcare by building high performance health insurance captives designed with your clients’ financial, operational, and employee health outcome needs in mind.

Here are some of the benefits your clients can expect:

  • Lowest cost possible
  • Improved employee health
  • Full access to Springbuk platform
  • Membership owned (full passthrough transparency)

In addition to maximum transparency, we also maximize stability in the stop-loss premium.

Our 5-year average stop loss increase was only 3.9%. It’s likely your clients are experiencing the industry stop-loss trend that’s 4x-6x times higher.

As the industry evolves, consider what percentage of your book should be held in a captive.

It’s time to take action.

It’s time to bring your clients to Everlong and maximize their satisfaction.

Work With Us

Recent Posts

Captive Stability Is The New Performance

Risk On Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result....

The Everlong Difference (Part 1): Group Health Insurance Is Broken and We’re Fixing It

The Everlong Difference (Part 1): Group Health Insurance Is Broken and We’re Fixing It

The Everlong Difference (Part 1):

Group Health Insurance Is Broken and We’re Fixing It

The current system is broken. Traditional compensation models have misaligned incentives built in.

Consider for a moment how stop-loss insurance actually functions. The reality is stop-loss carriers are working for the benefit of their shareholders. Hospitals, carriers, and sub-par brokers are conflicted because they all gain when prices go up (which they have for the past two decades). You lose.

Hospital corporations and healthcare services companies have been steadily increasing prices … because they can. What if there was a better way to purchase group health insurance?

There is a better way.

Our founders were innovative benefits brokers, just like you.  They developed a truly independent and ethical solution by reimagining how employer-based healthcare gets done – for you, your clients, and even us.

By participating in our high performance health insurance captives your clients can expect:

  • No overrides of any kind from any carrier or vendor (our members come first)
  • Your clients receive their money immediately at the close of the year
  • Membership owned (full passthrough transparency)

And our incentives are fully aligned with you and your clients. We use a fee-based PEPM compensation model, which means we win when your client grows, not when their premium increases.


It’s time to stop shoveling money at the fully insured stop-loss carriers and instead pay as little as possible and keep the profits of what you do pay. Turn back the tide of ever-increasing medical insurance costs caused by lack of control and transparency.

Learn More

Recent Posts

Captive Stability Is The New Performance

Risk On Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result....

Trump Administration Releases Transparency Rule in Hospital Pricing

A first in the healthcare industry, the Trump administration is moving forward with their plan to force hospitals and insurers to provide transparency in their cost information to consumers in advance. This will cause a major shake-up in the healthcare industry, with supporting and opposing viewpoints. But how will this affect both the consumers and the insurers going forward?

Contact us to learn more.

 

Trump Administration Releases Transparency Rule in Hospital Pricing

Wall Street Journal

Insurers would also have to create a web-based tool for beneficiaries that discloses the list price, the negotiated rate, cost sharing, and the amount left on a plan deductible, as well as allowable out-of-network rates, officials said. There will be a 60-day public comment period on the proposal.

The proposal also states that “price transparency may have the opposite effect because in some markets where pricing is very transparent, pricing can narrow and average costs can increase.”

Read More: https://www.wsj.com/articles/trump-administration-releases-transparency-rule-in-hospital-pricing-11573825649?mod=djemalertNEWS

Recent Posts

Captive Stability Is The New Performance

Risk On Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result....