Archive for August 14th, 2012

San Benito ISD Insurance Consultant In Hot Water

Tuesday, August 14th, 2012

SAN BENITO — School board member Oscar Medrano wants the superintendent to fire an insurance consulutant who would not name the company that would insure the district. Medrano and board member Anna Cruz on Monday said they had learned that the Salazar Insurance Group was the company that offered the insurance plan that consultant Glenn Hillyer recommended without naming.

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NAIC Delays Vote On Model Law Raising Stop Loss Attachement Points

Tuesday, August 14th, 2012

A proposal to raise specific attachment points in a stop-loss model act to a level that proponents of self-funding say would restrict smaller firms’ ability to self-insure health benefits was delayed after an Aug. 11 debate hosted by the National Association of Insurance Commissioner’s ERISA working group. The working group cited the need to study the proposal further.

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Feds Consider Scrapping “Use It of Lose It” FSA Provision

Tuesday, August 14th, 2012

A little-noticed bulletin from the Treasury Department could have a big impact on the roughly 155 million Americans who use flexible spending accounts to cover out-of-pocket health care expenses.

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