D.C. likely to effectively ban self-insurance for small businesses, pushing them to health exchange
Small businesses in the District will essentially be banned from having self-funded health insurance plans and pushed to purchase coverage from D.C. Health Link, the city's health exchange, if a measure before the D.C. Council passes next week.
That's because the legislation includes rules that would render stop-loss coverage — which is insurance for self-funded plans that kicks in when unexpectedly high medical claims occur — essentially useless for groups with fewer than 50 employees, said…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Tina Reed Source Type: news
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