[et_pb_section fb_built=”1″ admin_label=”FAQ” _builder_version=”4.16″ custom_padding=”100px|0px|100px|0px” global_colors_info=”{}”][et_pb_row use_custom_gutter=”on” gutter_width=”4″ _builder_version=”4.16″ animation_style=”fade” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.27.5″ text_font=”||||||||” header_font=”||||||||” header_2_font=”Playfair Display|700|||||||” header_2_font_size=”38px” header_2_letter_spacing=”1px” header_2_line_height=”1.4em” header_3_font=”Poppins|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”46px” header_3_letter_spacing=”1px” header_3_line_height=”2em” text_orientation=”center” max_width=”550px” module_alignment=”center” hover_enabled=”0″ global_colors_info=”{}” text_font_size=”9px” sticky_enabled=”0″]<\/p>\n
[\/et_pb_text][et_pb_divider color=”#edbb5f” divider_weight=”2px” _builder_version=”4.16″ max_width=”60px” module_alignment=”center” height=”2px” global_colors_info=”{}”][\/et_pb_divider][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.16″ custom_margin=”|||” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”What plans will Innovative Benefit Design review for employers?” use_icon=”on” font_icon=”||divi||400″ icon_color=”#edbb5f” icon_placement=”left” _builder_version=”4.27.5″ header_font=”Poppins|700||on|||||” header_font_size=”14px” header_letter_spacing=”1px” header_line_height=”1.8em” body_font=”Poppins||||||||” body_letter_spacing=”1px” body_line_height=”1.8em” text_orientation=”center” custom_margin=”||60px|” animation_style=”zoom” animation_intensity_zoom=”30%” animation=”off” hover_enabled=”0″ border_style_all=”dashed” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
Innovative Benefit Design will review medical, prescription, dental, vision, disability, life, accident, critical illness, hospital indemnity, legal, executive benefits, pet insurance, and others.<\/p>\n
[\/et_pb_blurb][et_pb_blurb title=”What is a group captive?” use_icon=”on” font_icon=”||divi||400″ icon_color=”#edbb5f” icon_placement=”left” _builder_version=”4.27.5″ header_font=”Poppins|700||on|||||” header_font_size=”14px” header_letter_spacing=”1px” header_line_height=”1.8em” body_font=”Poppins||||||||” body_letter_spacing=”1px” body_line_height=”1.8em” text_orientation=”center” custom_margin=”||60px|” animation_style=”zoom” animation_intensity_zoom=”30%” animation=”off” hover_enabled=”0″ border_style_all=”dashed” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
Unlike traditional insurance, where premiums are paid to a carrier for risk transfer and the carrier keeps the profit, group captives allow the business owners to share in the underwriting profits. The premiums in a group captive are generally based on the individual member’s performance, allowing for greater price stability over time.<\/span>\u00a0 Members are shareholders of the insurance company, allowing for direct control over underwriting, claims management, and service providers.<\/span><\/span><\/span><\/p>\n [\/et_pb_blurb][et_pb_blurb title=”What is needed to receive a quote?” use_icon=”on” font_icon=”||divi||400″ icon_color=”#edbb5f” icon_placement=”left” _builder_version=”4.27.5″ header_font=”Poppins|700||on|||||” header_font_size=”14px” header_letter_spacing=”1px” header_line_height=”1.8em” body_font=”Poppins||||||||” body_letter_spacing=”1px” body_line_height=”1.8em” text_orientation=”center” custom_margin=”||60px|” animation_style=”zoom” animation_intensity_zoom=”30%” animation=”off” hover_enabled=”0″ border_style_all=”dashed” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n Typically the quoting carriers will require an employee census, copies of existing plan documents, existing plan design (and\/or updated design if changes are desired), the most recent 3 years of claims experience, and current rates.<\/p>\n [\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”How can employers begin generating funds back to be used by HR\/benefits teams?” use_icon=”on” font_icon=”||divi||400″ icon_color=”#edbb5f” icon_placement=”left” _builder_version=”4.27.5″ header_font=”Poppins|700||on|||||” header_font_size=”14px” header_letter_spacing=”1px” header_line_height=”1.8em” body_font=”Poppins||||||||” body_letter_spacing=”1px” body_line_height=”1.8em” text_orientation=”center” custom_margin=”||60px|” animation_style=”zoom” animation_delay=”100ms” animation_intensity_zoom=”30%” animation=”off” hover_enabled=”0″ border_style_all=”dashed” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n Innovative Benefit Design is aligned with several unique service providers that are 1) designed to save large amounts for medical plans without changing these plans ($200-$500\/participant) and 2) utilize group captives to provide underwriting profits, typically kept by insurers, back to employers.\u00a0 This can be 15%-20% per year.<\/p>\n [\/et_pb_blurb][et_pb_blurb title=”What are Executive Benefits?” use_icon=”on” font_icon=”||divi||400″ icon_color=”#edbb5f” icon_placement=”left” _builder_version=”4.27.5″ header_font=”Poppins|700||on|||||” header_font_size=”14px” header_letter_spacing=”1px” header_line_height=”1.8em” body_font=”Poppins||||||||” body_letter_spacing=”1px” body_line_height=”1.8em” text_orientation=”center” custom_margin=”||60px|” animation_style=”zoom” animation_delay=”100ms” animation_intensity_zoom=”30%” animation=”off” hover_enabled=”0″ border_style_all=”dashed” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n Executive benefits are typcially disability insurance, life insurance, medical gap insurance or Section 162 Bonus plans.\u00a0 These are utilized by employers to level up these benefits so the executive is “fully covered” in these benefits and not in an income replacement gap at the time of claim.<\/p>\n [\/et_pb_blurb][et_pb_blurb title=”How is Innovative Benefit Design compensated for services?” use_icon=”on” font_icon=”||divi||400″ icon_color=”#edbb5f” icon_placement=”left” _builder_version=”4.27.5″ header_font=”Poppins|700||on|||||” header_font_size=”14px” header_letter_spacing=”1px” header_line_height=”1.8em” body_font=”Poppins||||||||” body_letter_spacing=”1px” body_line_height=”1.8em” text_orientation=”center” custom_margin=”||60px|” animation_style=”zoom” animation_delay=”100ms” animation_intensity_zoom=”30%” animation=”off” hover_enabled=”0″ border_style_all=”dashed” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n Innovative Benefit Design is fully transparent and discloses the compensation earned.\u00a0 Either via commissions (paid by the carrier\/vendor), fees, or a combination of fees and commissions.\u00a0<\/p>\n [\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Contact” _builder_version=”4.27.5″ background_color=”#DDDDDD” background_image=”https:\/\/innovativebenefitdesign.com\/wp-content\/uploads\/2026\/01\/consutant-03.jpg” custom_margin=”|||” custom_padding=”0px|0px|0px|0px” box_shadow_style=”preset7″ box_shadow_horizontal=”0px” box_shadow_vertical=”80px” box_shadow_color=”#ffffff” global_module=”115″ saved_tabs=”all” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ custom_padding_last_edited=”on|phone” _builder_version=”4.16″ background_color=”#ffffff” custom_margin=”|||” custom_padding=”60px|60px|60px|60px” custom_padding_tablet=”” custom_padding_phone=”|40px||40px” animation_style=”slide” animation_direction=”bottom” animation_duration=”1500ms” animation_delay=”200ms” animation_intensity_slide=”10%” animation_starting_opacity=”100%” box_shadow_style=”preset3″ box_shadow_vertical=”15px” box_shadow_blur=”80px” box_shadow_color=”rgba(0,0,0,0.2)” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”|||on|||||” header_font=”||||||||” header_2_font=”Playfair Display|700|||||||” header_2_font_size=”38px” header_2_letter_spacing=”1px” header_2_line_height=”1.4em” header_3_font=”Poppins|700||on|||||” header_3_text_color=”#edbb5f” header_3_font_size=”14px” header_3_letter_spacing=”1px” header_3_line_height=”2em” text_orientation=”center” max_width=”550px” module_alignment=”center” locked=”off” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_contact_form captcha=”off” email=”doug.burnip@innovativebenefitdesign.com” success_message=”Thank you for contacting us. We will be in touch shortly!” submit_button_text=”send” module_id=”et_pb_contact_form_0″ _builder_version=”4.27.4″ form_field_background_color=”#ffffff” form_field_text_color=”rgba(0,0,0,0.7)” title_level=”h2″ title_font=”Playfair Display|700||on|||||” title_text_align=”center” title_font_size=”38px” title_line_height=”1.4em” form_field_font=”Poppins|600||on|||||” form_field_font_size=”12px” form_field_letter_spacing=”2px” custom_button=”on” button_text_color=”#ffffff” button_bg_color=”#edbb5f” button_border_width=”0px” button_border_radius=”0px” button_letter_spacing=”1px” button_font=”Saira Extra Condensed|600||on|||||” button_icon=”$||divi||400″ custom_margin=”|||” custom_padding=”|||” border_color_all=”#dfdfe3″ border_width_bottom=”1px” form_background_color=”#ffffff” global_colors_info=”{}”][et_pb_contact_field field_id=”Name” field_title=”Name” fullwidth_field=”on” _builder_version=”4.16″ form_field_font=”||||||||” custom_margin=”||20px|” custom_padding=”|||” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Email” field_title=”Email Address” fullwidth_field=”on” _builder_version=”4.27.4″ form_field_font=”||||||||” custom_margin=”||20px|” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Phone” field_title=”Phone Number” required_mark=”off” fullwidth_field=”on” _builder_version=”4.16″ form_field_font=”||||||||” custom_margin=”||20px|” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][et_pb_contact_field field_id=”Message” field_title=”Message” field_type=”text” fullwidth_field=”on” _builder_version=”4.16″ form_field_background_color=”rgba(12,12,12,0.02)” form_field_font=”||||||||” custom_margin=”40px||20px|” border_width_all=”1px” field_background_color=”rgba(12,12,12,0.02)” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”off” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”off” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”off” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_contact_field][\/et_pb_contact_form][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.16″ custom_padding=”140px|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.27.4″ text_font=”Poppins|600||on|||||” text_font_size=”16px” text_letter_spacing=”2px” text_line_height=”2em” link_text_color=”#FFFFFF” ul_font=”||||||||” background_color=”#3d3d3d” text_orientation=”center” background_layout=”dark” custom_margin=”|-63px||-26px||” custom_padding=”60px|40px|60px|40px” custom_padding_last_edited=”off|desktop” animation_style=”flip” animation_delay=”200ms” border_width_top=”8px” border_color_top=”#edbb5f” locked=”off” global_colors_info=”{}”]<\/p>\n 6969 Doran Drive, New Albany, OH 43054<\/a><\/p>\nGet In Touch<\/h2>\n