cmonfils | October 17, 2011
www.myhealthguide.com
MyHealthGuide Source: Vermont Captive, 10/14/2011,
Montpelier, VT — The new federal Nonadmitted and Reinsurance Reform Act (NRRA), often referred to as the Dodd Frank Act, has no applicability to captive insurance. That is the conclusion of an independent white paper prepared for the Vermont Captive Insurance Association (VCIA) by the law firm of McIntyre and Lemon, PLLC of Washington, DC. (more…)
Category: Reinsurance, Vermont |
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cmonfils | October 17, 2011
www.myhealthguide.com
MyHealthGuide Source: Hobson D. Carroll, FSA, MAAA, President, Entrust Risk Management Services, Inc., 10/16/2011
Preface by Mr. Hobson: This article was submitted in response to a Call for Papers 2011 contest made by the Society of Actuaries’ Reinsurance Section. This paper was chosen for one of only two awards given for entries in the competition. (more…)
Category: Reinsurance, Stop Loss |
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cmonfils | March 29, 2011
www.self-insuranceworld.blogspot.com
March 25, 2011
Forgive me for stating the obvious, but words mean things. I make this seemingly odd comment because I continue to observe a couple words being misused by self-insurance industry professionals on a regular basis and we all need to get on the same page.
Perhaps most aggravating is the term “partially self-insured,” which continues to get tossed around to describe self-insured health plans that utilize stop-loss insurance. Of course there is no such thing as being “partially” self-insured so the term is sloppy at best and can actually be harmful. (more…)
Category: Reinsurance, Self-Funding, Stop Loss |
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cmonfils | February 2, 2011
www.wgains.com
January 5, 2011 Scott Kirschner
The Patient Protection and Affordable Care Act is making self-insurance more feasible as some of the additional costs required by insurers to comply seem excessive at 2-4% of insured premium. Self-insurance is seen as a means to reduce costs when insured loss ratios have consistently been low (typically less than 80%). Insurers continue to deem smaller and smaller groups 100% credible, so when claims are the primary driver of premiums, it makes sense to evaluate self-insurance. (more…)
Category: Reinsurance, Stop Loss |
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Adam V. Russo | June 16, 2010
When you think “YouTube,” odds are you think of clever or wacky videos. Odds are you don’t think about reinsurance.
But a group opposed to a proposed tax on certain reinsurance transactions has taken to the video-sharing website to make its case to the public. (more…)
Category: Health Care Legislation, Reinsurance |
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