Reinsurance Fees To Hit Self-Funded Health Plans in 16 Months

As employers tackle health care reform’s cost and compliance issues, a new fee slated to apply to insurers and third-party administrators from 2014 to 2016 is raising concerns. The fee will fund a temporary reinsurance program to help stabilize insurance premiums against the impact of covering individuals with high claims costs. Some projections estimate that this fee could run from $60 to $100 per covered individual. However, many details needed for reliable estimates remain unknown.

Blue Cross Gearing Up For Expected Boom In Individual Health Insurance Sales

“…… in just two years, the individual market could grow to 15 million people, according to eHealthInsurance.com, which operates private exchanges. Because most people are unaware of the individual health insurance market, “these retail outlets will create a lot of visibility and credibility for individually sold policies,” eHealthinsurance spokesman Nate Purpura told News-Press.

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