Friday, November 15, 2024

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ClearPoint launches MSL captive for small to mid-sized employers

A medical stop-loss captive and employer services platform has been launched by South Carolina-based ClearPoint Health to provide insurance to benefit advisors and small to mid-sized employers.

ClearPoint’s captive platform is designed for employers ranging from 10 to 1,000 employees as well as to partner directly with benefit advisors.

The captive was founded by a group of clinicians, underwriters, technologists, and risk management experts, led by co-founder and CEO, Jeb Dunkelberger.

“Phenomenal things happen when you bring brilliantly passionate people together and agree on a core mission to serve employers rather than sell them,” said Dunkelberger.

“We’re excited to announce a number of new partnerships as we approach the 2024 plan year.”

Those using the ClearPoint Health Platform can pick their preferred service partners, including third party administrators, pharmacy benefit managers, networks clinical cost management and clinical quality improvement enhancers.

The company said that by grouping employers with 10 to 1,000 employees into a shared vehicle, they are able to stabilise the cost of all necessary components for self-funding, while generating a better experience and cost for its members.