Search for: "EMPLOYERS REINSURANCE"
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27 Apr 2012, 3:15 pm
The new technical guidance, which is in question and answer format, responds to inquiries on the following topics: applicability of the MLR to certain types of plans; employer groups of one; counting employees for determining market size; individual association policies; offering policyholders a “premium holiday”; reinsurance and reporting; insurance exchange user fees; states with a higher medical loss ratio standard; application of the adjustment to… [read post]
24 Apr 2012, 4:30 am
Minto also serves as President and CEO of Lawyers Reinsurance Company (Vermont). [read post]
12 Apr 2012, 1:52 pm
The insurer alleged that in early 2009, Peter Chandler, the specific reinsurance broker who handled the insurer’s reinsurance business, left the employment of the reinsurance broker and went to work for Guy Carpenter & Co. [read post]
12 Apr 2012, 8:12 am
Health and Human Services (HHS) Patient Protection and Affordable Care Act: Standards Related to Reinsurance, Risk Corridors and Risk Adjustment Sections created by this final rule include, “State notice of benefit and payment parameters,” “State establishment of reinsurance program. [read post]
12 Apr 2012, 4:21 am
*********epilogue********* One element that I did not write about in the blog post originally (mostly because when I write it's 3 a.m. and I haven't entirely derived the benefit of caffeine) is the dirt on the insurance side too - and there has been plenty of that in the headlines in the past few years too: AIG's use of credit default swaps and captive offshore reinsurance to avoid state premium taxes; contingent commission programs causing brokers to steer business away… [read post]
9 Apr 2012, 9:54 am
Another example is how the Early Retiree Reinsurance program for which $5 billion has been allocated and many claims have already been distributed will be unwound. [read post]
29 Mar 2012, 7:12 am
• The reinsurance market didn’t recognize the different needs of small employers compared to large ones, and thus the stop-loss policies didn’t provide all the protection small employers needed.When we have these debates about health care reform and insurance it's important that the public be given accurate information. [read post]
29 Mar 2012, 5:34 am
Obamacare provides a temporary tax credit to small employers as an incentive for them to offer health insurance to their employees. [read post]
29 Mar 2012, 4:47 am
Around 1999, as the folly of the reinsurance scandal (known more commonly as "Unicover") and Managing General Agents came to fruition losses increased dramatically, carriers failed, capacity dried up, forcing premiums to skyrocket. [read post]
29 Mar 2012, 1:09 am
However, as noted in our blog here, the EL trigger issue is only one among many issues which reinsurers must consider when UK asbestos losses are presented to reinsurance programmes. [read post]
28 Mar 2012, 6:00 am
• The reinsurance market didn’t recognize the different needs of small employers compared to large ones, and thus the stop-loss policies didn’t provide all the protection small employers needed.When we have these debates about health care reform and insurance it's important that the public be given accurate information. [read post]
21 Mar 2012, 7:33 am
The Patient Protection and Affordable Care Act (“PPACA”) contained a provision that established the Early Retiree Reinsurance Program (“ERRP”), the goal of which was to encourage plan sponsors to retain health care coverage for retirees through at least 2013. [read post]
12 Mar 2012, 9:33 am
Grinnell Mutual Reinsurance Co. [read post]
7 Mar 2012, 11:43 pm
Grinnell Mutual Reinsurance Co. [read post]
7 Mar 2012, 6:40 am
As of January 20, 2012, the Early Retiree Reinsurance Program (ERRP) has provided $4.73 billion in reinsurance payments to more than 2,800 employers and other sponsors of retiree plans, with an average cumulative reimbursement per plan sponsor of approximately $189,700, the Centers for Medicare and Medicaid Services (CMS) has reported. [read post]
7 Mar 2012, 6:40 am
As of January 20, 2012, the Early Retiree Reinsurance Program (ERRP) has provided $4.73 billion in reinsurance payments to more than 2,800 employers and other sponsors of retiree plans, with an average cumulative reimbursement per plan sponsor of approximately $189,700, the Centers for Medicare and Medicaid Services (CMS) has reported. [read post]
20 Feb 2012, 12:19 am
The Supreme Court's decision in the Employers' Liability (EL) Insurance "Trigger" Litigation is expected imminently. [read post]
13 Feb 2012, 6:27 am
Generally, we pay claims based on the agreement we have with the employer (client); when we go over a pre-arranged maximum, we turn to our reinsurer. [read post]
New Zealand's Quake Approaches its One Year Anniversary - Understanding Business Interruption Claims
29 Jan 2012, 9:34 am
Notwithstanding the panoply of pressures, Christchurch policyholders should not cave to the insurance and reinsurance market. [read post]
3 Jan 2012, 2:35 am
Of particular significance is that the bidder must now make certain statements of intention with regard to the target business, including as to the continued employment of employees and management and how its strategic plans may affect employees. [read post]
