Do You Qualify To Reduce Your Healthcare Costs?

Thanks for taking the first step to possibly reduce your healthcare costs through medical captives. Lawley is a Top 100 National Insurance Broker with offices in Rochester, Buffalo, across Western New York and around New York City. With 60 years of experience in employee benefits consultation, and business and personal insurance, we work with leading carriers like Berkley to recommend the right solution for your needs.

Self-insuring through medical captives is not for every company, but those who implement medical captives through Lawley save an annual average of 14 percent of premium costs from the previous year. Fill out a form to schedule a time to assess your individual needs, or contact us directly and we’d be happy to see if a captive is right for you.

 

Case Study

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Graphic Controls

Learn how we worked with Graphic Controls, a manufacturer based in WNY, to help reduce their healthcare costs through analyzing their claims data to recommend becoming partially self-funded.

View the Graphic Controls case study

 

Upcoming Captive Workshops

Hear real-life examples from companies in the program today to learn about their adoption, how captives have saved them time and money, and more. There will be the ability to ask questions of our team and those managing the plans to see how a medical captive could fit your organization.

Buffalo — May 12th @ 8:00 a.m.
To register for this event, click here.

Rochester— May 13th @ 8:00 a.m.
To register for this event, click here.

Online Webinar — May 21st @ 2:00 p.m.
To register for this event, click here.

Syracuse — June 2nd @ 8:00 a.m.
To register for this event, click here.

FAQs

Q: What network of doctors or physicians are available in a medical captive?

A: Healthcare services are distributed on a local basis so we will evaluate your census data and determine which local network would be serve the employees best based on their home zip codes.

Q: What impact will there be to my employees in a medical captive?

A: Employees will receive a new ID card and the same benefits they have had previously. Changes to plan designs can be made at if you would like to tailor the benefits to the needs of your organization.

Q: Why aren’t more companies joining medical captives?

A: As a result of the Affordable Care Act, and the frustration with the traditional insurance model we are seeing an increase in the number of companies interested in banding together to gain control of their health insurance costs and access claims data to allow them to better manage their plan. The concept is relatively new but with the results of current members we are also seeing increased interest. Lawley Proactive Health has doubled the number of member companies in the last 21 months (from 6 to 13).

 

Captive Team Bios

Bob Madden of Lawley Insurance Bob Madden Employee Benefits Consultant

Bob oversees medical captive insurance at Lawley, helping companies self-insure their healthcare costs by introducing wellness programs and providing more access to claims information

bmadden@lawleyinsurance.com | 716.849.1570

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