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New State Restrictions on Stop-Loss Policies Threaten Employer Self-Funding

First few Article Sentences

Nearly 90% of private health insurance is employment based and almost 60% of those with employment-based insurance are covered by self-insured plans. Beginning in 2014, individuals are mandated to have health insurance coverage and employers of 50 or more employees are mandated to provide coverage. Even without mandates, a large number of employers of all sizes have voluntarily provided coverage to their employees and their families. As noted in the first installment of Saving Private Healthcare Insurance (https://www.healthcarenewssite.com/newsletters/wa-dsnodgrass-0513.pdf), a large and growing number of employers have chosen self-insurance as the best vehicle to provide health insurance coverage.


Snodgrass, CLU, ChFC, David

 

Healthcare Management Administrators

Self-Funded Benefits

July 1, 2013

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