- 4,096
I lost 6 groups this quarter.
I was unable to put on any new group business to make up for them.
Of the 6 groups 5 of them dropped the health plan completely.
The one that kept a plan in place decided to self fund 39 employees and I would not do that. I hated making that decision but if the group becomes insolvent and can not pay their claims eventually the employees would come after me.
Not worth the risk.
In the past I have never had this many groups drop coverage.
2nd quarter is going to be the time to write some group paper.
I was unable to put on any new group business to make up for them.
Of the 6 groups 5 of them dropped the health plan completely.
The one that kept a plan in place decided to self fund 39 employees and I would not do that. I hated making that decision but if the group becomes insolvent and can not pay their claims eventually the employees would come after me.
Not worth the risk.
In the past I have never had this many groups drop coverage.
2nd quarter is going to be the time to write some group paper.