How to Save a Group

[jmarkk1]

I know that this may be one of those questions that has a dozen answers, but I'm looking for as many good answers as possible.

Is it possible to save a group health plan from dissolving because of costs? and because of group owner retiring and closing business?

I've got a couple of "leads" that I'm working and both groups have uninsurables outside the group plan...i.e. insulin dependent diabetes, etc. and the groups are too small to have cobra coverage extended to them.

Are there any ideas?

Groups in OHIO.

 

[ABC]

You can save the plan but you to take the case to underwriting.

I would generate some street rates to get started.

In my experience of with small groups if the owner is not on the plan then he/she really does not care anymore.

Which most of the time is bad but can be good for the introduction of new plan designs.

 

[leevena]

Unless I am misunderstanding your post, there is no way to do what you want. You stated that the employer is retiring and closing the business. With the business closed, how can you have a group plan?

Only alternatives are the individual medical markets and the GI/High risk in your state.