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Benefits of Workers Advantage
- Budgetability. Client contributes monthly on a fixed payment schedule for 36 months.
- Favorable financial accounting presentation. Unconsolidated, special purpose entity disclosed via footnote not as balance sheet item.
- Asset/Liability Management. Note proceeds are invested to hedge against healthcare inflation and accumulate reserves.
- Beneficial tax treatment. The investment income is insulated from taxation.
- Opportunity to build needed reserves to buy down future risk.
- No need to change insurance carrier, consultant/broker or plan design.
Many organizations like yours struggle with volatile workers compensation costs. When claims spike unexpectedly, it's hard to get a handle on expenses and plan for the future. Dryden Workers Advantage™ offers a powerful solution for stabilizing costs without reducing your benefit offerings or changing providers.
Designed primarily for self-insured employers, Workers Advantage is based on Dryden's proven Advanced Funding Model for predicting, managing and funding long-term workers compensation expenditures. This groundbreaking solution combines risk management, actuarial sciences and structured finance to convert volatile costs into a manageable, “budgetable” item that can significantly reduce costs.
Dryden customizes the best program to meet your needs, including:
- Actuarial Assessment and Modeling
- Structured Finance and Funding/Investment
- Optimization
- Tax, ERISA, Legal and Accounting Treatment
- Economic and Terms Sheet Validation
- Documentation and Execution
Working through its investment partners, Dryden delivers all financing and investment solutions through a large network of highly-rated banks and financial institutions carefully selected for price, quality and ease of implementation.
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