InCap Captive
A health insurance pool for larger Rhode Island employers who've outgrown Blue Funding or Triad eligibility — where employers become owner-participants.
How It Works
Ownership, bundled services, and shared performance
InCap is a Hilb Group Pool captive/pool structure — a way for larger employers to move beyond a standard fully insured or level-funded arrangement.
Owner-Participant Structure
Employers become owner-participants in the pool/captive, rather than simply purchasing a policy from a carrier.
Bundled Services
Concierge care management, telemedicine, case management, COBRA administration, fiduciary services, and monthly reporting — all at a fixed administrative cost per employee per month (PEPM).
Potential Profit Distributions
When the pool performs well, potential profit distributions and pharmacy rebates can be returned to the employer.
Fit for Larger Rhode Island Employers
A natural next step for employers who've grown beyond the 150-employee ceiling on Blue Funding and Triad.
This is not pooled risk in the Association Health Plan regulatory sense, and not an insurance product. Suitability and terms are determined at quote time by underwriting, and depend on your group's size, industry, and claims profile.
Think your organization might qualify?
InCap is generally a fit for employers with 50 or more employees. A local advisor can walk through the specifics.