Initially, the self-insurance
plan for small employers will be offered only in Arkansas, but the company is working on rolling out the plan in seven or eight other states during the next six to 12 months, Stock said.
At this point, the NAIC is working to finalize a white paper discussing concerns associated with the small employer self-insurance
marketplace, he said.
He explained, "The growing interest in self-insurance
among large-size firms pre-dates the Affordable Care Act.
Dionne and Eeckhoudt, 1985), which suggests that higher levels of risk aversion lead to a higher likelihood of mitigation as well as more extensive mitigation measures once the decision is made; the substitution hypothesis, which suggests that self-insurance
and market insurance are substitutes (e.
For workers' compensation self-insurance
alone, the value of LOCs outstanding is probably in the order of $20 billion to $25 billion.
To legislators, the membership became the "Voice of Self-Insurance
" in Tallahassee and gained majority representation on the Florida Department of Labor's Self-Insurance
Rules Advisory Committee.
Depending on your current health status, your comfort level, functionality, disability level, and your ability to earn money, you may want to use a combination of self-insurance
and commercial insurance plans designed specifically to cover catastrophic events.
Still, given the lingering mercantilist mindset (and interests) of some pressure groups and civil servants in emerging Asia, as well as these elites' unwillingness to recognize that the Asian currency declines of 1997-98 had some justification, their self-insurance
policies will persist--despite being a bad deal for the economies involved.
For example, in today's competitive insurance market, where carriers are continually developing creative products and pure self-insurance
remains a popular and effective option, parent organizations may select risk transfer strategies other than captives.
group alternative makes it possible for non-profits to become directly involved with the governance, investments, underwriting, risk financing and risk management services.
The Gephardt House draft basically adopts the Ways and Means Committee approach to self-insurance
and municipal health pools, permitting employers of more than 100 workers and municipal health pools to self-insure.
He and other economists have drafted a health-care reform based on the notion that individuals and families are capable of shopping around in the medical marketplace and that tax law and government policy should actively encourage self-insurance
through medical savings accounts, or Medisave.