Popular on eTradeWire
- Medical Arts Clinic at River Road in Greenwood, MS Welcomes New Tenant Second Chance Healthcare - 1185
- Pyrrhic Press Launches Hub to Support Real-World Business, Education, and Sustainability - 203
- $15 Million in New Equity to Support Advanced Cancer Diagnostics, Personalized Immunotherapy, Treatments & Drug Discovery: Renovaro Stock Symbol: RENB - 191
- 6th Annual Waco Family & Faith International Film Festival Shines A Spotlight on Indie Filmmakers and Celebrates Its Community - 187
- Dr. Shadaria Allison Makes History in 2025 - 185
- Countertop Pro GTA Launches Full-Service Kitchen Remodeling in Greater Toronto - 177
- INDEPENDENT PRESS AWARD® announces the 2025 winners - 158
- The Big Debut on MotivatingRadio.com: "Rock Your Voice: Confidence from Paine!!" - 153
- Thrive Leadership Institute Celebrates Black Excellence in East Orange - 145
- Manhattan Film Festival Announces 2025 Dates And Introduces Mff +plus - 145
Similar on eTradeWire
- Can Homeowners Insurance Drop You After a Claim?
- Direct Primary Care vs. Medicare
- Level Health Announces Direct Contract with Apex Physical Therapy to Expand $0 Care Options
- Sherry Clark, CIC, CRM Joins RHSB Trust Practice Group
- Loong Wellness Now Offers ICBC-Covered RMT & Acupuncture in Vancouver
- Guided Insurance: Your New Partner in Financial Security
- Rebuilding Trust Together: Tashaya Singleton and TJS Financial Solutions LLC Reaffirms Commitment
- Educational Services & Consulting (ESC) Highlights the Importance of Jewelry Insurance for Valentine's Day Gifts
- Bail America Bail Bonds Supports Jeepin With Judd Event with Special Rubber Duck Giveaway
- The Brokerage Insurance Group selects ReFocus AI to Increase Servicing Efficiency
Captivated Health Celebrates a Decade of Transformative Healthcare Excellence
eTradeWire News/10777449
A pioneer in innovative healthcare solutions, Captivated Health is revolutionizing healthcare for independent schools and their communities by significantly improving schools' bottom lines.
METHUEN, Mass. - eTradeWire -- Captivated Health, powered by Borislow Insurance, celebrated its 10th anniversary this July. A pioneer in innovative healthcare solutions, Captivated Health is revolutionizing healthcare for independent schools and their communities by significantly improving schools' bottom lines.
Outstanding Achievements Over 10 Years:
Captivated Health is demonstrating exceptional financial stewardship by managing a total budget of over $400 million since its inception, achieving 95% retention of members compared to the usual 70% common in the same space, as well as accumulating $40 million in healthcare reserves on members' balance sheets. As healthcare costs are increasing by 8.5% nationally, Captivated Health is making significant strides by delivering market-leading renewal performance of less than 4% for the 2024-2025 plan year and 1.2% in 2023-2024, well below ordinary inflation.
More on eTradeWire News
"Reaching this incredible milestone is a testament to our relentless commitment to make healthcare easier and more affordable for people," said Mark Gaunya, Founder of Captivated Health. "We are immensely proud of our collaborative journey with schools over the past decade. Our success reflects our dedication to providing market-leading healthcare solutions that truly make a difference. We are excited for the future as we continue to lead and innovate, shaping the future of healthcare for our members and their employees."
Tom Murphy, CFO of Harpeth Hall in Nashville, TN, said, "Captivated Health has created a buzz on campus by offering tools and resources that our employees have never had before. The innovative solutions provided by the program have significantly improved engagement and health outcomes, aligning with our commitment to employee well-being."
About Captivated Health: Powered by Borislow Insurance, Captivated Health specializes in providing comprehensive, custom-tailored, self-insured healthcare solutions that empower independent schools and their communities. Certified by Berkley Accident and Health for our 'Excellence in Health Risk Management', Captivated Health transforms health insurance expense into an asset by promoting consumerism and overall well-being, leading to sustainable healthcare cost increases for all.
More on eTradeWire News
For more information, please visit Captivated Health's Website (https://captivatedhealth.com/).
Outstanding Achievements Over 10 Years:
- Healthcare Claims Trend: 4% - 5% claims trend vs. 8.5% in most markets.
- PBM Optimization: Reduced pharmacy spend by approximately $20-$25 per member per month, making prescription drugs more affordable and accessible.
- Captive Surplus: Returned over $10 million, lowering stop loss premiums.
- Healthcare Reserves: Accumulated over $40 million on balance sheets, collectively.
- Stop Loss Premium: Averaged a modest 12.2%, well below the industry norm of 15-20%.
- Community Loss Ratio: Achieved an outstanding 94%, 6% below expectations.
Captivated Health is demonstrating exceptional financial stewardship by managing a total budget of over $400 million since its inception, achieving 95% retention of members compared to the usual 70% common in the same space, as well as accumulating $40 million in healthcare reserves on members' balance sheets. As healthcare costs are increasing by 8.5% nationally, Captivated Health is making significant strides by delivering market-leading renewal performance of less than 4% for the 2024-2025 plan year and 1.2% in 2023-2024, well below ordinary inflation.
More on eTradeWire News
- The SEO Works can crack the SEO code for CodeCrew
- Beyond Aesthetics: How Cosmetic Dentistry Improves Oral Health
- Revolutionize Communication with Hope AMC's PROMPT Approach Workshop
- Is Sedation Dentistry Safe for Kids? What Parents Need to Know
- The Nassau County Federation of Republican Women Supports Hewlett House
"Reaching this incredible milestone is a testament to our relentless commitment to make healthcare easier and more affordable for people," said Mark Gaunya, Founder of Captivated Health. "We are immensely proud of our collaborative journey with schools over the past decade. Our success reflects our dedication to providing market-leading healthcare solutions that truly make a difference. We are excited for the future as we continue to lead and innovate, shaping the future of healthcare for our members and their employees."
Tom Murphy, CFO of Harpeth Hall in Nashville, TN, said, "Captivated Health has created a buzz on campus by offering tools and resources that our employees have never had before. The innovative solutions provided by the program have significantly improved engagement and health outcomes, aligning with our commitment to employee well-being."
About Captivated Health: Powered by Borislow Insurance, Captivated Health specializes in providing comprehensive, custom-tailored, self-insured healthcare solutions that empower independent schools and their communities. Certified by Berkley Accident and Health for our 'Excellence in Health Risk Management', Captivated Health transforms health insurance expense into an asset by promoting consumerism and overall well-being, leading to sustainable healthcare cost increases for all.
More on eTradeWire News
- Friends in Solidarity Hosts Spring 2025 Webinar
- BroadSource Appoints Bill Placke as President, Americas
- California Community College Forensics Association Announces New Honor Society: Lambda Phi Alpha
- ASYW.COM Launches Revolutionary Platform to Empower Small Business Owners Nationwide
- Energy Assessments for Data Centers
For more information, please visit Captivated Health's Website (https://captivatedhealth.com/).
Source: Captivated Health
Filed Under: Insurance
0 Comments
Latest on eTradeWire News
- Breaking: Griefline helpline saved – for now. Why we must keep fighting for grief support
- Best Deal Auto Leasing Offers Best Lease Deals for 2025. $0 Down Lease Specials
- 2025 Brevard County, FL. Real Estate Forecast
- SD-Loans Launches New Website to Simplify the Home Loan Process for San Diego Homebuyers
- TerraVirtuo Sustainable Cultivation Corp. Introduces Vertical Farming for Reliable Crop Production
- LingQ Language Learning Platform Adds Irish Gaelic
- The Right Reverend Mariann Edgar Budde, Bishop of the Episcopal Diocese of Washington, Joins Seabury Resources for Aging® Board of Governors
- Hollywoood Black Film Festival Makes Its Stellar Return To The Film Festival Circuit October 2025
- Pan Asian American Business Council To Host Global Cyber Security Initiative Conference GCSI 2025
- REV Entertainment Announces Purchase Of The Kane County Cougars
- Aries Industries Celebrates 40 Years of Innovation, Growth and Service
- Sequentex Expands Connectivity Solutions with Satcom Global Partnership
- Munger Construction Expands Steel Erection Crew to Heighten Pre-Engineered Metal Building Solutions
- Schkeia Bolden Recognized as a Top Real Estate Agent in 2025 by BestAgents.us
- Electro Standards Laboratories to Attend APEC for IEEE Paper on Dynamic EV Wireless Charging
- 'Night of a Million Dreams' gala raises $621,050 to support Better Together
- Smarter Maintenance Starts Here: iMarq Unveils Enhancements to AI-driven Insights, Inventory Management, and Communication
- Awaken to the God-Knowledge Within! An ECKANKAR Ontario Spiritual Event
- The Preserve to host March 29 Carnival Fun Fair
- Ingomu's Free Career Transition Program for Federal Workers – Register Now