Case Study: This Illinois Corporation saved $2,063,684 over 3 years by switching to our Captive
In 2014, a client with approximately 100 employees was Fully Insured paying +/- $920,000 annually for Healthcare Insurance Premiums.. After a ridiculous increase was proposed by their carrier, the IL Corp decided to take the plunge into our Captive. Having a good year in their first year, they had a nice cushion for following renewals. Even with some bad luck with conditions, bad years were still not as bad as the Fully Insured 2014 Year.
Despite having employees with Terminal Cancer, ESRD. Hep C, and Several Large Hospitalizations, the IL Corp saved $2,063,684 over 3 years by switching to our Captive when comparing to where they would be with a Fully Insured Carrier with “Average” increases of 9%.
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ThinkTank Insurance Partners, Inc.
18521 Spring Creek Rd Unit B.
Tinley Park, IL 60477
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