MedImpact snaps up two risk management firms
MedImpact Holdings has announced the acquisition of two risk management firms: MHW Benefit Partners (formerly SRS Benefit Partners) and MSL Captive Solutions.
These acquisitions expand MedImpact’s portfolio of care and coverage solutions, providing employers with modular, cost-effective alternatives to traditional insurance carriers. By integrating specialised risk management and alternative financing, MedImpact offers small and mid-sized businesses the transparency, flexibility, and cost control typically reserved for large, self-insured corporations.
MHW Benefit Partners helps businesses, working independently or in groups, form, grow, and evolve captives, consortiums, and other employee benefit programs. These programs offer small and mid-sized businesses greater control over costs and transparency into plan administration than they have today.
MSL Captive Solutions provides medical stop-loss insurance to protect self-insured employers from potentially catastrophic healthcare claims. Partnering with A-rated insurance companies, it underwrites individual employer stop-loss and captive programs.
With these acquisitions, MedImpact now offers employers a full suite of care, coverage, and risk management solutions that include:
• Third-Party Administration (TPA): Integrated self-funded and level-funded programs through Verdegard.
• Transparent Networks: Nationwide, direct-contracted provider access through PNOA.
• Drug Savings & Clinical Programs: Advanced, high-touch clinical programs and specialty drug management through MedImpact, Ray Savings Solutions, and Birdi.
• Risk Management & Underwriting: Captive programs and stop-loss protections provided by MHW Benefit Partners, MSL Captive Solutions, and MG Insurance.
• Member Care & Fulfillment: High-touch home delivery via Birdi and member advocacy through Verdegard's Advanta program. Employers may choose these solutions individually or in custom bundles designed to meet their needs.
"Small and mid-sized businesses today struggle to manage runaway healthcare costs with the inflexible and opaque traditional insurance programs," said Zach Johnson, MedImpact executive vice president. “We are putting power back in the hands of employers by giving them innovative alternatives, transparency, flexibility, and total control.”
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