American Construction Benefits Group, LLC ("ACBG") is a parent holding company with a risk retention group subsidiary ("ACBG RRG"), and a risk management subsidiary, Contractors Risk Management Services, Inc. ("CRMS"). The Members of ACBG are 1st-Class commercial contractors who understand that the health and fitness of their respective workforces is a risk that can be proactively managed.

Membership in ACBG allows its Members to leverage group purchasing power, implement best-in-class risk management techniques to reduce claims, gain knowledge from the synergy of the group, and build equity. This gives ACBG Members a competitive edge over other contractors who are not managing the risk.

ACBG’s mission is to reduce the overall cost of medical insurance to Members by:

• Promoting wellness among employees and their families.
• Quantifying and implementing best practices and approaches, administration and use of health insurance.
• Using group purchasing power to obtain superior services, improve coverage, and lower expense factors.
• Training Members' employees and their families to be educated consumers of health insurance services.

ACBG RRG writes contractual indemnity insurance policies. These policies are designed to reimburse each insured Member for costs that exceed an actuarially pre-determined aggregate loss level for each Member's Voluntary Employment Benefits Trust Agreement ("VEBA").

Each VEBA administers and funds the Member's Employee Medical Benefit Plan. The Members of ACBG are collectively contracted with a large national third party administrator who provides superior claims administration and network discounts. CRMS offers our Members superior risk management and best practices advice and services.

Members Share Risk in Three Layers: 

Contractor Layer - The first level of risk up to an attachment point (specific to each contractor and currently ranging from $60,000 to $200,000 per unit per year). 

Pooled RRG Layer - The risk from the Contractor Layer attachment point to the greater of $250,000 or the attachment point plus $150,000. 

Excess Layer - The risk excess of the Pooled Layer to a $2 Million per unit lifetime maximum. 


Governance 

ACBG is owned 85% by its Class B Members (the contractors) and 15% by its Class A Member (Heussner Enterprises LLC). Equity accumulates based upon the results of the business placed by the Members with ACBG. 

Voting rights for each Class B Member are based on equity, and are limited to a maximum voting power of 30% regardless of the Member's equity account, so that no one Member dominates. Each Member is entitled to designate a Member to the Board of Directors that sets policy for ACBG.