Local B Corp Innovating to Lower Healthcare Costs

July 31, 2020

Are you interested in providing higher value health coverage for employees at a cost likely to be lower than your company is currently paying? Mid-Atlantic B Corp Fors Marsh Group (FMG) is, and decided to make it happen. And you are invited to participate.

High insurance premiums, high deductibles, and copays are just some of the costs associated with the American healthcare system. As healthcare expenses continue to rise, both employers and employees cover these exorbitant fees while wondering “is there a cheaper alternative?”  The B Corp community, a cohort of companies that prioritizes the wellbeing of their employees, led by FMG, came together to create a better way to provide medical coverage. B Healthy is that solution.

B Healthy is an exclusive medical insurance captive and alternative to traditional medical insurance offered to employees. A medical insurance captive allows companies with self-insured medical plans to purchase stop loss insurance, which protects employers from high-cost claims. Medical insurance captives are not new, but B Healthy is the first of its kind.

B Corps recognize the importance of affordable medical benefits and programs that improve overall wellbeing for their employees. B Healthy brings B Corps together to help one another better manage their healthcare programs and provide savings. Not only do participating B Corps receive savings through group purchasing of stop loss insurance, they also receive healthcare cost transparency and program and plan design control, as well as the ability to choose their preferred network.

If your organization is interested in learning more about B Healthy, sign up for the upcoming B Healthy educational webinar and contact Burnham Benefits at bhealthy@burnhambenefits.com. Burnham Benefits’ consultants are available to help you determine if B Healthy is right for your company.

Created by and for B Corps, B Healthy was envisioned and founded by Fors Marsh Group (FMG), a strategic consulting and research firm in Arlington, VA. Burnham Benefits, a member of the B Corp community since 2015, oversees B Healthy and provides full-service employee benefits consulting for B Healthy members. Ventegra, B Healthy pharmacy services administrator, brings decades of experience in the healthcare and pharmaceutical industry to B Healthy while Innovative Captive Strategies serves as B Healthy’s captive manager.

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