- INSIGHTS
Mid-size employers are tired of the same old health insurance solutions that don’t deliver. This blog reveals why the right self-funding solution changes the game for brokers ready to offer stability.
Mid-size employers are more reluctant than ever to explore new options in the health insurance world.
Many have been burned before by promises that didn’t deliver, leading them to stick to the status quo, even when your solution could attract top talent and improve their business.
This reluctance is one of the reasons why today it’s harder to sit down with an insurance buyer and offer them something they haven’t heard before.
Employers crave strategies that don’t sound good on paper but deliver real, measurable results in the long term. Here’s where the right partner, one that delivers on its promises, makes all the difference.
What is Virtue Health?
Built by advisers for advisers, Virtue Health is a private group stop-loss purchasing consortium tailored for employers in the mid-sized market who need stability, predictability, and genuine partnership in their self-funded health plan.
With Virtue Health, brokers confidently present a solution that’s tested, proven, and trusted to perform.
Here’s why mid-sized employers are choosing Virtue Health to transform their health benefits strategy.
1. Predictable Renewals with No Surprises
Traditional stop-loss solutions lead to a rollercoaster of unpredictable renewals and unexpected claim costs.
Through our private consortium model, employers pool risk with other forward-thinking employers, reducing volatility even in the “bad years”.
This isn’t a one-year fix; it’s a strategic, long-term solution.
We’re not a shiny object; we’re a tested, proven model that’s been growing stronger for almost a decade.
Virtue Health was created for stability and consistency, our members experience on average renewal increases in the single digits, 1/3 to 1/2 of the market average.
Our proactive management approach smooths out potential surprises, so you have one less thing to worry about come renewal season.
2. Control Over High-Dollar Claims
High-dollar claims can devastate a healthcare plan, especially for mid-sized employers.
Virtue Health’s consortium is purpose-built to control these claims, ensuring cost stability across the pool.
One of the main issues with public pools and other consortiums and captives is that they encourage but don’t enforce cost-containment requirements, allowing anyone to join.
This lack of control drives premiums up, negatively impacting employers who carefully manage their risks.
At Virtue Health, our private pool only accepts groups committed to mandatory cost-containment strategies.
We require all members to play by the same rules, helping us maintain the integrity of our pool.
That’s why we don’t allow big carrier administrators or large pharmacy benefit managers (PBMs) into our program.
With this structured approach, our program has maintained stop-loss premium renewals as low as 6% in the “good years”, compared to other public groups purchasing captive/consortiums where stop-loss premiums rise 17-30%.
Our team actively monitors claims data, maintaining a proactive approach to keep costs down and benefits high.
3. Cost Savings Through Collective Purchasing Power
For mid-sized employers, achieving competitive healthcare costs feels out of reach.
Traditionally, large corporations can negotiate better rates due to their size, but mid-sized employers lack that leverage.
Virtue Health changes the game by helping mid-sized employers access the cost advantages reserved for larger companies.
Through a health insurance consortium, like-minded employers join forces to purchase stop-loss together, pooling resources and spreading risk across the group.
This approach helps to stabilize costs and mitigate the financial impact of high-dollar claims.
Unlike traditional plans, where a single large claim drastically increases premiums, a consortium model reduces volatility, even in challenging years.
4. No New Lasers, Rate Caps, and Flexible Renewal Options
High-risk employees often become a financial burden, especially if traditional plans apply lasers that isolate these costs to a specific employer.
Virtue Health eliminates this risk with our “no new lasers” policy, ensuring employers are protected against unexpected high-cost claims without financial shock.
Our rate caps provide more stability, limiting how much premiums can increase year to year.
Additionally, employers can join Virtue Health or renew at any time of the year.
This flexibility means no more scrambling to meet annual deadlines, allowing employers to take control of their benefits on their schedule.
5. No Cash Calls or Collateral Requirements
One of the biggest concerns employers have with some captives and consortiums is the requirement for collateral, which puts a strain on finances.
Virtue Health operates differently. We understand that mid-sized companies have enough on their plate, so we don’t ask for collateral.
This “no collateral” approach allows employers to enter our pool without the stress of unexpected financial demands.
6. A Personalized Partnership
Unlike larger providers where employers often feel like another number, Virtue Health believes in a hands-on, collaborative approach.
Our team works closely with brokers and employers to create a custom plan from the ground up that meets each group’s unique needs.
No minor adjustments or small tweaks to existing programs, but progressive strategies for your groups.
We listen, we strategize, and we adapt to ensure employers and brokers feel supported at every step.
Virtue Health’s high-touch model ensures employers have a genuine partner who’s invested in their long-term success.
A broker shared, “Virtue was the one partner willing to work with me every step of the way, providing feedback and helping to create a solution that works for the employers I work with.”
Ready for a More Predictable Health Benefits Solution for Mid-Size Employers?
Virtue Health offers mid-sized employers the predictability, stability, and support they need to manage health costs effectively.
Our private consortium was designed by advisors who understand the industry’s challenges and are committed to providing real, sustainable solutions.
If you’re ready to offer your employees the protection they deserve and bring stability to your benefits strategy, reach out to our team today to see how Virtue Health can make a difference.
John W. Sbrocco
@johnwsbrocco
IF YOU’RE A BROKER READY TO…
Elevate your clients’ healthcare strategy with a long-term, stable solution, it’s time to consider self-funding.
