Self-Insured Industry to Grow in Wake of Healthcare Reform

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By MATTHEW BRODSKY, senior editor/Web editor of Risk & Insurance®

CHICAGO—After fearing and lobbying against federal health reform, the industry that caters to self-funding employers might actually experience new, profitable opportunities thanks to the Patient Protection and Affordable Care Act (PPACA). In part, it’s because the uncertainty and higher costs that employers are feeling with their employee health benefits could push more of them to some form of self-insurance.

 

“Most of the mandates of the healthcare reform weigh more heavily on the fully funded industry,” Anthony Mistretta, an attorney with the Pittsburgh-based HM Insurance Group Inc., told an audience of self-funded employers and vendors at a preconference session on PPACA–which goes by its acronym now, by the way–at the 30th annual national meeting of the Self-Insurance Institute of America Inc.in Chicago from Oct. 12 to 14.

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