BLUE RIDGE CAPTIVE SOLUTIONS
- captive solutions simplified -
A New Frontier in Self-Fnded Group Captives
The most unique, cost effective Captive solution for you. Blue Ridge Captive Solutions (BRCS) is a captive program underwritten by East Coast Underwriters, LLC. BRCS enables groups of all sizes to pool their risk, providing a more controlled, predictable, and stabilized environment for your self-funded plan.
The Blue Ridge Difference
not all captives are created equal
Most captive programs today have confusing rules for membership, convoluted reinsurance fee structures, and expensive capital requirements beyond their normal self-funded plan costs. Blue Ridge Captive Solutions offers a straightforward alternative that provides long term cost control through industry best practices and reliable stop-loss.
Pooled risk creates economies of scale, even if your individual plan runs unfavorably.
Self-Funded plans offer more flexibility and are backed by Federal law.
Stop-loss insurance allows each employer to comfortably assess their own level of risk.
OPTIONS & ADVANTAGES
Lease a Captive Cell
Partner with ECU to create and customize your own captive cell unique to your employer groups through a quota share arrangement with ECU & Carrier
No captive management fees, ever.
No critical mass required
Industry Best Practices Cell
Combining like-minded employer groups who implement a wellness program
Profit Sharing Captive Program with no capital contribution required and savings on first year’s Stop Loss contract
No singular effective date and wide array of Stop Loss products and contracts available
INDUSTRY BEST PRACTICES CELL
A unique, cost effective captive program for like-minded employer groups that have a common goal of
health and well-being
OUTCOME BASED WELLNESS PROGRAM
Each employer must offer at least one Consumer Driven Health Plan (CDHP) option unless the Wellness program is incentive based. Consumer Driven Health Plans include: Health Savings Account (HSA) or Health Reimbursement Arrangement (HRA). Wellness program must include: Biometric Screening, Health Risk Assessment, and an Annual Well Visit.
100% RISK FREE
No capital contributions are required to participate. Losses are never passed on to participants. No cash calls, ever.
CONTROLLED STOP LOSS RENEWAL
If group receives greater than a 10% increase max costs (not including contract change), they are free to exit the captive cell and will still receive profit share for year. If group receives less than a 10% increase maximum costs and still terms, group forfeits profit share.
100% RISK FREE
No capital contributions are required to participate. Losses are never passed on to participants. No cash calls, ever.
CONTROLLED STOP LOSS RENEWAL
If group receives greater than a 10% increase max costs (not including contract change), they are free to exit the captive cell and will still receive profit share for year. If group receives less than a 10% increase maximum costs and still terms, group forfeits profit share.
LEASE A CAPTIVE CELL
Design your own captive cell with Blue Ridge Captive Solutions. The cheapest and most flexible captive solution in the marketplace.
PARTNER WITH ECU
BRCS offers a unique risk sharing arrangement for you to partner with East Coast Underwriters and their preferred carrier to set up your captive cell.
FULL FLEXIBILITY
Our partners design their captive cells with our guidance. Utilize your preferred vendors such as PBM, TPA, Network, Cost Containment Solutions, and implement your own requirements that are unique and special for your employer groups.
FREE TO CREATE CAPTIVE CELL
BRCS will set up the captive program free of charge. No captive management fees, actuarial, accounting, legal, or administrative costs are ever charged to our partner or the captive cell.
PROFIT SHARING
Profit sharing arrangements are available to reward your employer groups.
OTHER CAPTIVE SOLUTIONS
East Coast Underwriters and Blue Ridge Captive Solutions is also able to write Stop Loss with other captive programs.
Please consult an ECU representative to learn more.
