Insurance Solutions for the Healthcare Industry
Surgical Captive is dedicated to delivering unique self-insurance solutions
for physicians and business owners in the healthcare industry. By liberating
businesses from the market cycles of commercial insurance companies, we
provide wealth opportunities and asset protection with outstanding financial results.
How Does Captive Insurance Work?
Captive Insurance is an exciting new concept in the healthcare industry.
Essentially a form of self-insurance, forming a Captive Insurance Company
allows owners to pay premiums to their own businesses, liberating them
from the fluctuating market cycles of the commercial insurance market.
Any reserves realized from unpaid claims remain an asset of the Captive,
helping to protect these assets from creditors. It also makes them available
for investment or disbursement to the Captive owners.
What are the Advantages of a Captive Insurance Company?
Captive Insurance Companies are often overlooked as a strategic initiative
by finance and tax professionals, as the benefits are not easily understood
or explained. With the proper guidance from Surgical Captive, the economic
advantages of a Captive program become readily apparent. Such benefits include:
Ownership and Control Captive Insurance Companies are completely controlled by their owners,
including all stock, investments, and bank accounts.
Asset Protection By forming a Captive Insurance Company, business owners are protected
against risk from creditors, business debts, attorneys, and litigation.
Insurance Coverage Flexibility Captive Insurance Companies can obtain insurance coverage for operating
risks not routinely covered by traditional insurance policies. By liberating
businesses from the fluctuating market cycles of commercial insurance
companies, Captives provide better availability, stability, and affordability
on a wide range of commercial coverages.
Reduced Insurance Costs Savings resulting from insurance cost reductions and profits routinely
earned by third-party insurers are controlled by the Captive. Captive
Insurance Companies have the flexibility to adapt to changes in the pricing
structure of the commercial insurance market and to changes in the company’s
business, risk tolerance, and cash flow.
Tax Savings IRS Safe Harbor Rules permit the Captive to receive a certain amount of
annual insurance premiums completely income tax free. Tax savings start
immediately and there are no restrictions regarding the amount of time
the Captive Insurance Company is in operation.
Improved Cash Flow With a Captive, the business can retain insurance premium dollars and
profits within the business enterprise, thereby increasing investment
income on its unpaid loss reserves, capital, and surplus. Control over
losses also improves by providing owners with the resources to categorize,
measure, and manage these costs while maintaining accurate financial projections.
Wealth Accumulation & Preservation Profits from premiums paid are retained by the Captive for reinvestment
or disbursement. As your partner, Surgical Captive will administer service
and management fees, dividends, and liquidation. Surgical Captive will
assist you with preserving the wealth your Captive has earned. Typical
investments include mutual funds, stocks, bonds, and highly liquid marketable
To learn more about Surgical Captive and Captive Insurance Companies, please
feel free to
contact our office.