A run on the bank appears to be in full swing. The sharks smell blood. Will TSHBP survive?
Proving self-preservation is a powerful instinct, the broker representing the TSHBP program has organized multiple zoom (survival) meetings for member school districts to hear presentations from Alliant, Blue Cross and Cigna as alternatives to the flailing TSHBP program.
The current self-funded TSHBP program administered by Caprock, a 90 Degrees Benefits company and subsidiary of Blue Cross of Alabama, is in apparent distress. A cash call was made to all member districts May 1 to the tune of millions of dollars to cover unexpected losses.
Blood in the water draws sharks. TSHBP member districts should be cautious.
RELATED BLOG POSTINGS:
2024-2025 TSHBP Rates Anxiously Anticipated
Are TSHBP Member Districts Between A Rock & A Hard Place?
Is The TSHBP Making a Cash Call To Member Districts?
TSHBP Cancels Free Food & Gift Card Event – Giftless School Officials Go Hungry
TSHBP: The Biggest Reinsurance Loss In Health Insurance History?
TSHBP 2023-2024 Rates Expected To Be Released Soon
Confuse & Delay Is Always To The Advantage of The Incumbent
The Bubonic Plague of Risk Pools
Texas Health Insurer Makes “Cash Call” to Districts with May 1 Renewal Deadline
SHADOW PRICING: Marketing’s Preferred Approach To Underwriting
The Texas School District Courtship Season Begins
TSHB Offers Free Food and Gift Cards For The Hungry & Gifted
Attention Insurance Brokers: Here’s Your Texas School District Prospect List
Reinsurer Pulls Out Leaving Texas School District Risk Manager Speechless
What’s The Final Tally On What Could Be The Biggest Health Insurance Reinsurance Loss In History?
Thinking About Leaving TRS ActiveCare?
61 Texas School Districts Scrambling To Find Health Insurance? (Continued)
61 Texas School Districts Scrambling To Find Health Insurance?
