Archive for March 5th, 2014

Sharp Growth In Private Exchanges Predicted – Moodys

Wednesday, March 5th, 2014

exchanage

“The big potential growth of private exchanges is not going unnoticed by major benefit consulting firms, who are investing “significant funds and management resources” to develop their exchanges, according to the report.”

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Goal Of Underwriting Stop Loss – Drain Value, Avoid Claims

Wednesday, March 5th, 2014

Stop Loss Start Over

“The stop loss insurance business is an underwriter’s game.  Their game plan is to avoid paying claims.  They screen each prospect with claim review and disclosure requirements, and reject or rate-up anyone who may actually present a claim.  The higher the deductible, the more effective this process, hence the bias to drive deductibles higher and higher.  The carriers who have done best in this business have been the ones with average higher deductibles for this reason.”

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