MedImpact Holdings, Inc has acquiresd MHW Benefit Partners (formerly SRS Benefit Partners) and MSL Captive Solutions, which provide alternative risk financing and captive solutions across medical stop loss and employee benefits in the United States.
MedImpact is the country’s independent health solutions and pharmacy benefit company, while MSL Captive Solutions and SRS Benefit Partners were originally launched and operated by Strategic Risk Solutions.
“Small and mid-sized businesses today struggle to manage runaway healthcare costs with the inflexible and opaque traditional insurance programs,” said Zach Johnson, MedImpact executive vice president.
“We are putting power back in the hands of employers by giving them innovative alternatives, transparency, flexibility, and total control.”
MSL Captive Solutions partners with A-rated insurance companies to underwrite individual employer stop-loss and captive programmes, while MHW Benefit Partners to form and grow captives and other alternative risk financing for employee benefit programmes.