Welcome to Statesman Insurance

Say hello to a self-funded insurance plan designed specifically for large businesses. Statesman is an insurance company created and managed by Wesley Sierk of Risk Management Advisors, a subsidiary of Risk Strategies that has over $8 billion in annual premiums. Statesman fully embeds Redirect Health’s EverydayCARE® Cost Control System to make healthcare simple and truly affordable for members.

Statesman Insurance is designed as the stop-loss for the ERISA self-insurance health plans of businesses with 100-4000 employees, giving business owners access to:

Affordable Premiums

Affordable Premiums

Low Out-of-Pocket-Maximums

Low Out-of-Pocket Maximums

High Plan Participation

High Plan Participation

Attract and Retain Workers

Attract & Retain Works

Workers Comp Protections

Worker's Comp Protections

Healthcare has become too complex with too many hidden costs. The goal of the Statesman Insurance and Redirect Health partnership is to solve this through collaboration between employers, employees, their health plan, providers, and brokers. Aggregating the exposure of higher dollar claims creates further risk diversification.

See the Redirect Health Difference For Yourself

Check out what these SMB owners and brokers have to say about their own experience with Redirect Health and how it made a difference in their company.

FAQ's

Here are the most Frequently Asked Questions about Statesman Insurance and Redirect Health.

Q. What is the legal structure of Statesman Insurance?

A. Statesman Insurance is a Delaware Special Purpose Group Captive started in September 2022.

Q. Why a "Special Purpose Captive"?

A. The Delaware Department of insurance, after analyzing and approving the business plan and actuarial recommendations, gave Statesman Insurance designation as a “special purpose captive” with a 5:1 premium to surplus limitation.

Q. Does Statesman Insurance have re-insurance?

A. Yes. Statesman Insurance cedes its excess risk to Partner Re, a AA rated insurance company under a spec loss treaty.

Q. What is the role of Redirect Health?

A. Redirect Health operates as the Program Manager for the Statesman Insurance health plans. It provides its integrated end-to-end EverydayCARE® Cost Control System which includes:

  • Medical services (licenses in 50 states) – Direct Primary Care (DPC), Telehealth, Population Health, Care Navigation, Referral and Authorization Management, Referenced-based Fair Pricing (PrePay and QuickPay technology – patents pending)
  • Third Party Administration (TPA) services (licenses in 50 states) – including Eligibility, Claims Adjudication, Fiduciary/Custodial Claim Account and Pharmacy Benefit Management
  • Broker and General Agent Support services (licenses in 50 states)

Want More Information?

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Have More Questions?

David_Berg_200px_v2

Dr. David F. Berg
Chief Executive Officer and Co-Founder

David.Berg@RedirectHealth.com
623-521-9406

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Rich Hanna
VP of Sales & Broker Support

Rich.Hanna@redirecthealth.com
602-301-2251