TSHBP: The Biggest Reinsurance Loss In Health Insurance History?
The 12/18 contract is over ending 31 December 2023. What are the underwriting losses? No one’s talking, the stop loss brokerage community is tight lipped. Rumors abound lawsuits are flying, attorneys are busy. Who knows the truth? No one is talking.
Highmark and Blue Cross of Alabama are rumored to be quota share partners on the risk. Highmark with 75% with the remaining 25% Alabama’s.
If lawsuits are indeed flying as rumors suggest, it won’t be long until we read the pleadings.
