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FAQ Categories: medTRANS

  • Why medTRANS?

    Healthcare costs are a significant expense – a top 3 expenditure – for most businesses. With ...

    August 4, 2022—medTRANS—
  • Who can join the medTRANS?

    medTRANS is a heterogenous captive, and any class of business can join, subject to medTRANS underwriting ...

    July 6, 2022—medTRANS—
  • What is the ideal employee size for participation in medTRANS?

    100 employees or greater, but medTRANS can accommodate smaller groups dependent on certain qualifications.

    July 6, 2022—medTRANS—
  • What is the minimum investment period?

    New members are not required to participate in medTRANS for any minimum time period, however, if ...

    July 6, 2022—medTRANS—
  • What does “funds withheld” mean?

    The premium paid from the insured business to its cell captive is reported on financials of ...

    July 6, 2022—medTRANS—
  • Who owns medTRANS?

    medTRANS is a licensed and regulated captive insurance facility. It is 100% owned and governed by ...

    August 4, 2022—medTRANS—
  • Who is the fronting carrier in the medTRANS model?

    medTRANS is a direct writer captive, which means medTRANS does not have a fronting carrier like ...

    August 4, 2022—medTRANS—
  • Who issues the stop-loss policy to the insured business?

    medTRANS manages the stop-loss policy and subsequently provides the policy to each cell captive participating in ...

    August 4, 2022—medTRANS—
  • Can an employer (insured business) select their own specific deductible?

    Yes, each employer may choose their own level of risk retention.

    August 4, 2022—medTRANS—
  • What is the risk sharing/quota share arrangement?

    Each cell captive generally cedes 100% of their captive's medical stop loss risk to medTRANS, and ...

    August 4, 2022—medTRANS—
  • Where is the captive insurance program domiciled?

    medTRANS is domiciled in Nevada.

    August 4, 2022—medTRANS—
  • Who are the key service providers?

    Captives depend on outside organizations to provide key services for their day-to-day operations. The medTRANS service ...

    July 22, 2022—medTRANS—
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