Case Study: Multistate Company achieves enhanced employee benefits and compliance with Alera Group

Multistate Company - Customer Case Study

Multistate Company, a 12,000-employee organization operating across multiple states, turned to Alera Group to expand its employee benefits while minimizing risk to the parent company. The company needed a creative captive insurance solution that could navigate complex national, state, and local healthcare regulations.

Alera Group performed an in-depth review of the company’s existing benefits, evaluated traditional and non-traditional options, and recommended adding new coverage lines and moving some current benefits into the captive. Alera Group also worked with the U.S. Department of Labor to secure Prohibited Transaction Exemption compliance, resulting in significant savings that were reinvested into better employee benefits, including improved disability coverage, enhanced voluntary benefits, dependent life insurance, and better leave management.