M3 Launches EduCaptive: A Captive Solution for Schools
Healthcare costs continue to rise for employers across the country, but schools have been uniquely affected by premium increases. The education system must simultaneously navigate strict budgets while creating great benefits packages in order to attract and retain top talent. The traditional insurance marketplace doesn’t necessarily give schools the control they need to accomplish this goal.
In response, M3 has developed a homogenous captive insurance program specifically for schools called the M3 EduCaptive.
This health insurance captive will allow forward-thinking schools to come together in order to take control of their health insurance and share comparable risk. Captive programs allow for greater access to data analysis, which can provide foundational information to stabilize healthcare costs, create consistency in plan design and carrier relationships, and encourage employee engagement.
M3 is proud to continue to offer innovative solutions for our clients. To learn more about the M3 EduCaptive, or to explore other alternative funding models for your school, reach out to your Account Executive.