State of Wisconsin State Employee Medical Plans Self-Insurance Advisability Assessment and Actuarial Cost-Benefit Analysis Executive Summary
ثبت نشده
چکیده
Recent market and legislative changes to the health insurance industry, particularly the additional fees associated with the Affordable Care Act (ACA) and the current premium taxes paid on fully-insured plans has prompted the State of Wisconsin to consider the advisability of adopting a self-insurance arrangement for its state employee medical plan. Within a self-insured program, these fees and taxes are avoided and represent a potential savings to the State.
منابع مشابه
Measuring Customer Satisfaction on Life Insurance Products ( Case Study: Lagos State, Nigeria )
Modern societies belief life insurance scheme, which is designed to be backbone of man survival, ensure financial security and offers readymade source of long term capital financing for the infrastructural project is capable of combating the besetting problem of man so that life can be made easy and continuous. The dramatic increase in competition within the insurance sector and the needs of in...
متن کاملUse of a New Comprehensive Insurance Benefit for Smoking-Cessation Treatment
INTRODUCTION Uncertainty about levels of employee use of an insurance benefit for smoking-cessation treatment has presented a barrier to employers considering the adoption of such coverage. This study examined self-reported awareness and use of a new insurance benefit for smoking-cessation treatment among a sample of Wisconsin state employees, retirees, and adult dependents. METHODS We evalua...
متن کاملERISA preemption of state mandated-provider laws.
The Employee Retirement Income Security Act of 19741 ("ERISA" or "the Act") is a comprehensive federal statute which imposes minimum standards on employee benefit plans. To prevent conflicting state regulation, ERISA preempts state laws which "relate to" these plans. 2 ERISA's preemption, however, is not complete. Consistent with the federal policy embodied in the McCarran-Ferguson Act 3 of lea...
متن کاملA cost-benefit analysis of Wisconsin's screening, brief intervention, and referral to treatment program: adding the employer's perspective.
OBJECTIVE A previous cost-benefit analysis found Screening, Brief Intervention, and Referral to Treatment (SBIRT) to be cost-beneficial from a societal perspective. This paper develops a cost-benefit model that includes the employer's perspective by considering the costs of absenteeism and impaired presenteeism due to problem drinking. METHODS We developed a Monte Carlo simulation model to es...
متن کاملImplications of ERISA for health benefits and the number of self-funded ERISA plans.
This Issue Brief provides an overview of the issues relating to the Employee Retirement Income Security Act of 1974 (ERISA) and health benefit plans, the major case law relating to ERISA and health plans, and the implications of the preemption of state regulations for health plan sponsors and participants. It also presents the latest data on the number of health plan participants in self-funded...
متن کامل