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NextShield offers an employer-owned Third-Party Administrator (TPA) model for group insurance benefits, allowing companies to self-insure and retain underwriting profit. The platform utilizes an AI Engine to predict health and claim risks while ensuring full legal compliance and handling administration tasks. This structure provides employers with control over benefit contributions and surplus retention while offering employees comprehensive protection.
Updated 2 months ago
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Features
- NextShield offers an employer-owned Third-Party Administrator (TPA) model for group insurance benefits, allowing companies to self-insure and retain underwriting profit. The platform utilizes an AI Engine to predict health and claim risks while ensuring full legal compliance and handling administration tasks. This structure provides employers with control over benefit contributions and surplus retention while offering employees comprehensive protection.