Up to 20% of your fully insured premium never reaches a claim

For a 300-employee company paying $5.25 million annually, between $735,000 and $1,050,000 never reaches your employees' healthcare. Based on NAIC-reported carrier financials, that gap goes to carrier administration, profit margins, state premium taxes and risk loads — costs that scale with every renewal increase regardless of how healthy your population is.

Download the analysis for a line-item breakdown of where your premium dollar goes, the structural cost drivers that compound with every renewal, and a five-year projection showing how the gap between funding structures builds over time — regardless of your claims experience.