Membership Handbook Better Health, Better Performance BUPA Health Insurance. This effectively allowed for a second bite at the apple on restricting the self-insurance marketplace through federal action in some form in response to perceived abuses and/or adverse effects on broader health care reform objectives. Membership for each of your dependents (If any) starts on the date as agreed between the Policyholder and BUPA Health Insurance.
A ‘Yes’ vote on the Affordable Health Care for America Act would mean tax credits of up to 50% of the health insurance costs for North Carolina small businesses with under 25 employees and average wages under $40,000. The ACA does not directly create nor suppress any captive insurance opportunities but there are some indirect connections.
Congressional critics of self-insurance, presumably prompted by traditional health insurance industry lobbyists, were able to slip in provisions at the eleventh hour requiring federal studies on self-insurance. Health care reform has had the effect of driving up health insurance premiums, thus prompting more interest in self-insurance and potentially group captives as we have discussed.
That would have been bad enough, but a highly charitable interpretation of such development could conclude that Commissioner Jones’ motive was simply to support common sense health care marketplace regulation. Some hospitals charge a room service charge which will not be covered by your health insurance policy.
The City of Winter Haven in Florida has a new health insurance coverage program that helps the residents without health insurance coverage to get prescription medications at affordable prices. It’s been a long hot summer for stop-loss insurance indeed, which has ended without much certainty for the future of the self-insurance marketplace.