What is self insured group health plan?

Message Author
Add to del.icio.us
Add to YahooMyWeb
Add to Simpy
Add to BlinkList
PostPosted: Sat Aug 30, 2008 7:38 am   Post subject:   

Hi..

The following federal laws would govern the self-insured group health plans-


  • ERISA (Employee Retirement Income Security Act)

  • COBRA (Consolidated Omnibus Budget Reconciliation Act)

  • DEFRA (Deficit Reduction Act)

  • Pregnancy Discrimination Act


I guess there are a couple of them more on the list!
Evan
evan
Moderator
Leave a quick message

evan
Joined: 01 May 2005
Posts: 1285


178.21 Dollars($)

PostPosted: Sat Aug 30, 2008 7:47 am   Post subject:   

I think I've got the list completed this time!

* Civil Rights Act
* Health Insurance Portability and Accountability Act (HIPAA)
* Americans with Disabilities Act (ADA)
* Age Discrimination in Employment Act

Evan
evan
Moderator
Leave a quick message

evan
Joined: 01 May 2005
Posts: 1285


178.21 Dollars($)

PostPosted: Sat Aug 30, 2008 8:23 am   Post subject:   

Hi I guess we should also take the budget reconciliation Acts into account. As far as I remember we do have the following laws that have an unique role to play in it.

(1) Tax equity & fiscal responsibility Act (TEFRA) (2) Deficit Reduction Act (3) Economic Recovery Tax act (ERTA)

Regards, ArindamSenIndies
ArindamSenIndies
Senior member
Leave a quick message

ArindamSenIndies
Joined: 14 Feb 2007
Posts: 331


65.81 Dollars($)

PostPosted: Tue Jan 13, 2009 4:28 pm   Post subject:   

This business is cyclical. Companies come and go from being self insured to fully insured. They go fully insured for a few years until the fully insured companies raise their premiums out of whack, then they go back to self insured to save money, then their costs get out of control and they get a deal from a fully insured company, then they raise their rates, so they go back self insured. Its the nature of the game now. Companies are doing everything and anything to save money and be able to supply their employees with benefits.
_________________
Register Now to have your Insurance queries solved.
from a TPA employee
Guest






PostPosted: Tue Aug 04, 2009 6:28 am   Post subject: self-insurance fees  

Why are there fees levied on self-insurers in the proposed bill? Does that amount to a penalty for not opting for the government plan? What reason is there for imposing those fees?
_________________
Register Now to have your Insurance queries solved.
luckypuck
Guest






PostPosted: Tue Aug 04, 2009 6:42 am   Post subject: self-insurance fees  

In the new health care bill before congress, why are fees levied for self-insurers? what is the purpose of these fees? Are they an attempt to discourage self-insuring? Is charging a fee in these circumstances a reasonable thing to do? What do the fees pay for? Does that amount to a penalty for self-insuring?
puck
New member
Leave a quick message


Joined: 04 Aug 2009
Posts: 1


1.33 Dollars($)

PostPosted: Tue Nov 17, 2009 9:35 pm   Post subject: self insured plans  

If an employer "fails" and is closed down and taken over by a bank, what happens to employee claims that have been filed and are pending under his employer's self-insured plans?
_________________
Register Now to have your Insurance queries solved.
Guest






Quick Reply
Your Name
Subject
Message body
All times are GMT
 Previous  1 2
Page 2 of 2

 

Ask Community Experts

flash plugin

Quick Links
Must See
Community
Hot topics in forums

Latest in blogs