Apex Alternative Funding Captive. Is it right for you?
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Why Choose the Apex Alternative Funding Captive
- SummaCare is offering their best networks in conjunction with their most competitive discounts.
- Pharmacy Rebates – 90% of actual rebates earned will be passed through.
- 100% of unused claims funds are retained and are allocated back to the Subscriber.
- Offers both Level-Funded and Pay-as-you-go (Self-Funding) options.
- Collateral can be paid up front or 1/12 every month for the first year.
- Collateral Bridge – if moving from another Captive you will not be required to front new collateral.
- Terminal Liability Coverage can be added at time of contract or elected at least 90 days before the end of the contract period.
FAQ
Have questions about how the Apex Alternative Funding Captive can benefit you? We can help. Visit our FAQ page for a list of the most commonly asked questions about becoming a member.
Those who participate in a group captive benefit from four key components: Strength In Numbers, Cost Control, Improved Cash Flow, and Reduced Health Risk. More details on these four attributes are detailed below.
Strength In Numbers
As more businesses unite to form a larger group, improved pricing is easier to leverage. Likewise, a larger pool offers greater claim protection and reduces overall risk for all participants. Once risk is reduced and claims are afforded greater protection, the likelihood of long-term rate stability also increases. 
Cost Control
All fees and premium equivalents are fully disclosed allowing for greater transparency of plan costs. Utilization data helps to efficiently manage plan spend. Fixed costs become variable costs when a captive plan is utilized. Being a self-funded group also creates opportunities for reduced taxes and regulatory fees.
Improved Cash Flow
In a captive plan, 70 percent of the cost (claims) are variable. Claim costs are only paid if, and when, they are incurred by the plan. Since a captive plan is a type of level-funded coverage option, there are flexible funding options. 
Health Risk Reduced
Captive plans utilize a care coordination model. Captive plans typically offer health management strategies and chronic condition management. Healthier members mean reduced overall costs.
More Information
Captive Brochure
Discover how the Apex Alternative Funding Captive can benefit your business by downloading our comprehensive brochure. Get all the details you need to make an informed decision and start saving on your healthcare plan today!
Fully Insured Checklist
Explore the Apex Alternative Funding Captive by checking out our proposal submission checklist. Learn how your business can save on healthcare costs and gain access to top-tier networks and discounts today!
Self-Funded Checklist
Unlock the potential of the Apex Alternative Funding Captive by reviewing our proposal submission checklist. See how your business can save on healthcare costs and access top-tier networks and discounts today!
Get in Touch
Employers & Benefit Consultants:
If you would like to discuss our products, please call 800.753.6995 or send an email to info@apex-healthsolutions.com.
Members:
To speak to a Member Services representative, call 800.753.8429 or submit your questions/comments directly to our Member Services team by completing our online form.
Providers:
To speak to a Provider Support Services representative, call 800.996.8401 or contact us by completing our online form.
Mailing Address:
Apex Health Solutions
PO Box 3630
Akron, OH 44309-3630