With information garnered from a variety of industry association conferences so far this year (HCAA, SIIA, SPBA), it’s clear that there is no shortage of good news regarding self-insurance, particularly for small employers. Both the DOL and HHS were tasked by PPACA to conduct separate studies on self-insurance, and while industry professionals expected the reports to be “hit pieces”, all were pleasantly surprised to see that both departments came to very favorable conclusions on the self-funded transaction. Check the various association websites (www.hcaa.org, www.siia.org & www.spbatpa.org) for more information.
Other presenters noted that there is tremendous interest in self-funding from small and medium-sized employers, and that products like Spectrum’s Integrated Stop Loss are the perfect mechanism to spur growth in those market segments. Contact Spectrum for more information on Integrated Stop Loss and other stop loss products and services.
