By Arrow advisors Rosario Avila & Andrew McNeil, North Bay Business Journal Columnists
As health care costs rise, organizations must remain vigilant in evaluating their options and adapting benefits program strategies.
Two popular options are fully-insured and self-insured plans. However, with double digit increases driving costs sky high, another option is gaining more interest: captive insurance arrangements. Each operates on fundamentally different principles — understanding each is crucial to optimize a long-term benefits strategy.
Photo credit: (Chompoo Suriyo / Shutterstock)
North Bay Business Journal – August 2024