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Captive overview
Lockton's Captive — LockSHIP
Program design environment
FOR THE SMALL TO MIDSIZE EMPLOYER
LockSHIP is a member-owned beneits solution that lets you experience the key advantages of a self-funded plan while sharing the risk with other members.
This program will facilitate transparency of claims and impact long-term cost drivers by combining self-insurance and other key services and analytics.
LockSHIP will create an opportunity for you to change the trajectory of the healthcare cost trend.
Fully insured LockSHIP Self-funded
Complete autonomy on
Best-in-class stop loss
pricing and contract terms plan design, including
deductibles and copays Carrier-driven pricing with Reduced margins and less volatility Reduced ixed costs and increased
higher margins with group purchasing volatility year-over-year
Lack of claims transparency Claims transparency Claims transparency
Choice of third-party Clinical claims consulting
administrator (TPA) with for high-cost claimant (HCC) Carrier-driven pooling levels Ability to share in stop loss Proits retained by stop loss carrier
select preferred rates management and charges proitability
ENA — Lockton Employee Beneits Practice overview 40 Lockton Companies
Lockton's Captive — LockSHIP
Program design environment
FOR THE SMALL TO MIDSIZE EMPLOYER
LockSHIP is a member-owned beneits solution that lets you experience the key advantages of a self-funded plan while sharing the risk with other members.
This program will facilitate transparency of claims and impact long-term cost drivers by combining self-insurance and other key services and analytics.
LockSHIP will create an opportunity for you to change the trajectory of the healthcare cost trend.
Fully insured LockSHIP Self-funded
Complete autonomy on
Best-in-class stop loss
pricing and contract terms plan design, including
deductibles and copays Carrier-driven pricing with Reduced margins and less volatility Reduced ixed costs and increased
higher margins with group purchasing volatility year-over-year
Lack of claims transparency Claims transparency Claims transparency
Choice of third-party Clinical claims consulting
administrator (TPA) with for high-cost claimant (HCC) Carrier-driven pooling levels Ability to share in stop loss Proits retained by stop loss carrier
select preferred rates management and charges proitability
ENA — Lockton Employee Beneits Practice overview 40 Lockton Companies
