Small-market insurance bill raises risk, insolvency issues

Article Abstract:

Rep Harris Fawell (R-IL) will introduce legislation to enable small companies to join together to self insure as large corporations did under the 1974 Employee Retirement Income and Security Act. This legislation enables companies to escape state insurance regulations and offer cost saving benefits to their employees. These operations are called multiple employer welfare arrangements.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Insurance Regulation, Small business, Insurance law

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Ruling expected in suit to overturn Ky. insurance reforms

Article Abstract:

Several insurance companies are suing the state of Kentucky to prevent the implementation of its insurance reform law. The insurance companies claim insurance policy costs will increase and more people will become uninsured. The state counters this argument that more people can buy more affordable insurance since the implementation of insurance reform.

Cases, Insurance industry, Kentucky

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Look to tax credits; skyrocketing health insurance premiums

Article Abstract:

An merican Medical Association report finds that private health insurance isn't working, as prices increase 13.9% from 2002-2003. The report calls for tax credits for health insurance consumers.

Strategy & planning, Commodity & service prices, Accident & Health Insurance, Insurance Carriers, Labor Distribution by Employer, Editorial, Planning, Reports, Statistics, American Medical Association, Company business planning, Tax credits, Company pricing policy

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