ClearPoint Health has introduced a new captive insurance strategy designed to address adverse risk retention and align employer member responsibilities with plan performance. The firm says the strategy targets small to midsize businesses, many of which are shifting away from traditional fully-insured health plans in favour of captive models that allow employers to pool risk and act as stakeholders in a shared insurance vehicle. The product aims to address adverse risk retention through three features: customisable plan components; a system for standardising and analysing employer data; and a Member Engagement Index (MEI) that tracks efforts to manage healthcare claims. High-performing members are rewarded with incentives such as favourable renewal rates, surplus distributions, and the absence of new laser provisions. Gene Pompili, chief strategy officer at ClearPoint Health, says the launch of the updated captive risk strategy marks a key moment in what he describes as the broader accountable insurance movement. “Whereas traditional captives see claims, we engage people,” he remarks. He explains that the strategy includes tools such as tailored playbooks to help employer members use the MEI effectively, along with support teams to assist with sensitive discussions around behavioural change. According to Pompili, these elements reflect the company’s focus on an approach that prioritises engagement and support. The captive is available exclusively through ClearPoint Health’s marketplace of alternative health benefits funding solutions.
