Recent News About Everlong High Performance Health Insurance

Insurance | Insurance


Everlong Captive poised to help clients as access to health savings accounts expands

Health savings accounts (HSAs) have become increasingly popular among many people due to the triple tax advantage they offer. This means that if funds are removed from an HSA, the patient doesn't have to pay taxes on the withdrawal. To make healthcare even more affordable for those in need, members of the House of Representatives are currently pushing to expand access to HSAs.

Truax: 'At Everlong, we are able to turn back the tide of ever-increasing medical insurance costs caused by lack of control and transparency'

Doug Truax, CEO and founder of Everlong Captive Health Insurance, said the healthcare system needs to be transparent for customers after a 2019 statement by Health and Human Services (HHS) Secretary Alex Azar was released concerning healthcare costs.

Everlong Captive Health Insurance CEO: Members of Everlong Captive 'are able to reinvest the profits that health insurance carriers make back into their business'

When it comes to insurance, captive cell models have become popular over the last few years as an alternative to single-parent captive models.

Captive health insurance covers COVID-19 requirement when national health emergency status ends

President Joe Biden recently announced that the COVID-19 national emergency and public health emergency (PHE) will end May 11.

CEO, founder of Everlong Captive Health Insurance: Everlong helps clients through 'a cost-effective and completely transparent pharmacy benefits manager'

Doug Truax, CEO and founder of Everlong Captive Health Insurance, says Everlong Captive Health Insurance helps clients save money from the continuously rising prescription cost with the use of "a cost-effective and completely transparent pharmacy benefits manager, and an innovative specialty drug program."

Truax: 'Everlong Captive is for you if you are tired of going about paying the same high premiums'

While the insurance market globally has seen a year full of volatility and uncertainty, the captive insurance market had tremendous growth in comparison. Everlong CEO and Founder Doug Truax said his company, like other captive health insurances, is for those looking to lower cost and who are tired of traditional insurance.

Survey: Risk managers seek more 'thriving' roles in ESG initiatives

A new survey from the WTW 2022 Environmental, Social and Governance (ESG) Global Risk Managers Survey conducted by Willis Towers Watson (WTW) has found that risk managers, nearly 75%, are seeking a greater role in their organization's ESG initiatives.

Captive health insurance helps employers meet ERISA regulations

Though captive health insurance is not required to meet the federal regulations of the Employee Retirement Income Security Act (ERISA) of 1974, as amended from time to time, it does allow for those funds saved to be placed into such programs for the employees.

Everlong CEO Doug Truax: 'Most of our clients come from traditional self-funding'

Annual open enrollment for health care insurance has proven to be quite stressful for many individuals and employers. 

'Archaic' Rate Caps should be sunsetted according to Captive Health Insurance CEO

Doug Truax, founder and CEO of Everlong Captive, Captive Health Insurance recently said that rate caps are a tool that were made a long time ago that should be left in the past.

Captive Health Insurance CEO: Employers can mitigate increasing health care costs with captive insurance model

Doug Truax, CEO and founder of Everlong Captive Health Insurance, recently said that employers who switch to a captive health care insurance model can save money, helping to mitigate the rates and health care costs that continue to increase globally with no end in sight.

Learn which type of captives are best to help companies thrive

When searching for a potential captive insurance company to work with, it's important to know which kind of captive would most benefit the company.

How would a captive insurance company benefit you and your business?

When it comes to determining how much of a return on an investment into the establishment and managing of a captive to expect, analyzing the benefits that a captive could bring to your company is crucial.

When should you consider starting a health insurance captive?

When deciding whether to start a health insurance captive, it's important that you're aware of which kinds of coverage are available.

Jarid Beck of Risk Management Advisors: ‘Captives are no longer domiciled offshore’

The director and co-founder of Risk Management Advisors LLC recently explained that a shift in the industry is happening where America is gaining for captive insurance companies as compared to before.

Truax, founder and CEO of Everlong Captive Health Insurance: 'One way Everlong provides real differentiation and quality is through our stability'

Everlong Captive, Captive Health Insurance separates itself from the rest of the Captive Health Insurance world with its benefits and opportunities, said Doug Truax, its founder and CEO.

Truax: 'The insurance industry is at a tipping point'

Doug Truax, founder and CEO of Everlong Captive, said insurance brokers are often unaware of the possibilities they have when it comes to health insurance and the possible benefits they could have with Everlong Captive.

Captive Health Insurance CEO says members 'get to take the profits that health insurance carriers make'

Doug Truax, CEO and founder of Everlong Captive, Captive Health Insurance recently said that many small business owners are stuck with rising traditional health care costs and are blind to the cost savings that are within their reach.

CEO on advantages of captive health insurance: 'Positive peer pressure' helps members improve plans, reduce costs

One of the advantages of coverage in a captive insurance policy is the encouragement and advice you receive from other companies that are enrolled in the same type of insurance, said Rebekah Barr, CEO of Allyon.

CEO of Everlong Captive, Captive Health Insurance: 'If you don't position yourself and your clients, you'll be left behind'

Doug Truax, CEO of Everlong Captive and Captive Health Insurance, recently said regarding health insurance that if employers and brokers don't position themselves and their clients correctly, they'll be left behind.