Health Insurance With A Warranty? (9)

About 150 comment letters have been submitted to date and the talking points are largely predictable. Most recently, we commented how developments in California (see previous blog post) portend a new round of attempts to restrict access to stop-loss insurance across the country by smaller employers…again, the key components for group benefit captives.health insurance

It is important to note that while SB 1431 in California only applies to stop-loss policies sold to employers with 50 or fewer employers (small group market definition), the Affordable Care Act provides that states may apply to redefine the definition of small group market up to 100 employees in 2014, which California and many other states will most certainly do.

These pointed comments were prompted in response to testimony delivered by HHS Secretary Kathleen Sebelius during a March 1 committee hearing on the Administration’s evolving policy on health plan contraceptive coverage requirements for religious institutions.health insurance

As an aside, there seems to be confusion about what health care reform (and its potential repeal) means for the captive insurance in a general way so we’ll try to quickly cut through the fog. For the best example of government-run health care, look at the failures of the Veterans Administration.

Clearly, expectations would be different if the self-insurance/ART industry did not have the necessary financial and human resources to leverage significant political influence. North Carolina residents know that it’s time to fix the system, and want Reps. Another time honored route to avoid payroll taxes, workers’ compensation and the like is to try and turn employees into independent contractors.health insurance