WorkComp Funding
Employer Organizations Are Looking For a New Solutions to Remain Competitive
Key Questions:
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Would your organization like to level or custom design your Workers Compensation payments for the next 60 months?
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Would your organization like to be rid of the required LOCs?
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Would your organization like to take this liability off your balance sheet?
Our Solution Set: The CareBond Model
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We have built a suite of tools that will address many of the issues workers’ compensation plans face today
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A Workers’ Compensation financing structure that quantifies workers’ compensation and other related costs
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Using a sophisticated actuarial model to clearly define and manage cash outflow given a chosen confidence level
Our Two- Tiered Solution:
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Analyzes the existing arrangement employers have with their providers
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Develops a financial remedy to contain, budget, and fund costs without modifying existing conditions
The Value Proposition
The CareBond Model brings the following value to any plan by:
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Establishing an identified and budgeted flat line workers’ compensation cost over 60 months
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Mitigating the need to post LOCs based on the overall collateral established by the fund to cover future exposures over 60 months
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Creating a medium term horizon which allows flexibility to adjust and revise trend data in future funding cycles
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Shifting from a reactive to proactive financial risk management strategy which insulates an organization’s general fund
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Contains volatility to facilitate a cost effective long-term funding and budgeting platform
