Press Release

OneDigital Captives Solution Announces National Partnership with ParetoHealth

Issued by OneDigital

Aug. 20, 2024

OneDigital and ParetoHealth Forge Strategic Partnership to Enhance Group Health Captive Solutions

ATLANTA, GA – OneDigital, a leading insurance brokerage, financial services, and HR consulting firm, announces a strategic partnership with ParetoHealth, the nation’s largest health benefits captive. This collaboration is set to complement OneDigital’s existing portfolio of captive solutions and enhance its leadership in the group health captive space, where it has been providing a variety of solutions that align with the health plan goals of its clients for nearly a decade. Together, these two industry leaders are well-positioned to reshape the landscape of employee health benefits, providing exceptional solutions for organizations of all sizes.

This new partnership with ParetoHealth will enable OneDigital to continue to bring excellence in health benefits by offering comprehensive employee health benefit solutions that prioritize predictability, transparency, control, and data-driven insights. With combined purchasing power, like that of Fortune 500 companies, clients can expect improved efficiency and effectiveness in managing their healthcare costs.

"At OneDigital, we are committed to continually expanding our portfolio of solutions for clients in the captive space. Our partnership with ParetoHealth marks our latest enhancement to the captive solutions we offer to employers nationwide, and together we are leveraging our collective expertise to deliver unparalleled value and drive meaningful change in the industry."   — George Papagelis, National Practice Leader, Captive Solutions

ParetoHealth manages over $1.3 billion in stop-loss premium and boasts a network encompassing more than 2,700 participating employers, safeguarding 850,000 covered lives. Their groundbreaking advancements in self-insurance are reshaping the self-insurance paradigm, empowering small and medium-sized businesses to take control of their healthcare expenditures while mitigating risk.

For more information on OneDigital’s Captive Solution, visit: onedigital.com/solutions/captive-solutions/

About OneDigital

OneDigital’s team of fierce advocates helps businesses and individuals achieve their aspirations of health, success and financial security. Our insurance, financial services and HR platform provides personalized, tech-enabled solutions for a contemporary work-life experience. Nationally recognized for our culture of caring, OneDigital’s teams enable employers and individuals to do their best work and live their best lives. More than 100,000 employers and millions of individuals rely on our teams for counsel and access to fully integrated worksite products and services and the retirement and wealth management advice provided through OneDigital Investment Advisors. Founded in 2000 and headquartered in Atlanta, OneDigital maintains offices in most major markets across the nation. For more information, visit onedigital.com.

About ParetoHealth

ParetoHealth is the nation's largest and fastest-growing employer-owned health benefits solution and is designed to mitigate the year-to-year volatility and risk associated with traditional self-insurance. This long-term, strategic approach to risk financing gives employers the freedom to focus on reducing healthcare costs and improving quality of care. Members of the ParetoHealth program benefit from access to a curated set of cost management strategies and solutions, ensuring they can offer their employees access to high-quality and affordable care. More than 2,800 employers participate in the ParetoHealth program, representing more than 850,000 covered lives and $1.3B in stop loss premium under management. For more information, visit www.paretohealth.com. Follow ParetoHealth on LinkedIn.

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