The self-funded group health market is growing. Major health insurance carriers are predicting that by 2014 a majority of their book of business will be self-funded. Below is an excerpt of a advertising piece sent out by a major national third party administrator:
The “rules of the game” have changed since health reform legislation. Premiums are higher and commissions are disappearing. Fortunately, there’s still a way to score stable compensation and help your clients.
Introducing Funding Advantage. This alternative funding health plan changes the rules:
– Easy and safe way to introduce alternative funding to your clients – The predictability of a level monthly cost – Stop loss insurance fully protects employers from larger claims – your client’s only risk is not receiving money back at the end of the year! – Stable and fair compensation to you.
THIS PROGRAM IS FOR GROUPS OF TEN (10) TO ONE HUNDRED (100) EMPLOYEE LIVES.
The TPA is Allied National and the stop loss carrier is American Alternative Insurance Corporation, a Best’s A+ (Superior) rated insurance company.
Editor’s Note: See “The Future is Now” – The Future 2014 Is Now