speckled horn
New Member
First of all...I'm not selling an association plan to anyone. I'm simply trying to find out if anyone has had experience with or has set up a group benefit (medical) plan for an association? Size? Longevity? Fully insured/Partially self-funded?
I know these things never work because they are so heavily selected against, but I've been asked to do some due diligence by a collegue. A buddy that does med mal is working with a group of Dr.'s on a group med mal case for the association. The docs asked if there was a way to provide discounted HI for the associations members and their employees through some kind of association plan. Less than 100 Dr.'s with probably another 200-300 eligibles. Texas is situs.
I don't think any fully insured carrier will look at it, so partially self-funded is likely the only option. But man, just one or 2 spec claims in the first year and Kabamm! There it goes into the death spiral...
Anyone have any thoughts...? Thanks.
I know these things never work because they are so heavily selected against, but I've been asked to do some due diligence by a collegue. A buddy that does med mal is working with a group of Dr.'s on a group med mal case for the association. The docs asked if there was a way to provide discounted HI for the associations members and their employees through some kind of association plan. Less than 100 Dr.'s with probably another 200-300 eligibles. Texas is situs.
I don't think any fully insured carrier will look at it, so partially self-funded is likely the only option. But man, just one or 2 spec claims in the first year and Kabamm! There it goes into the death spiral...
Anyone have any thoughts...? Thanks.