oliverdickens
Recycles dryer sheets
- Joined
- Sep 23, 2006
- Messages
- 69
Thanks so much for the response on re-insurance. Appreciate it and was very helpful.
I can see this being helpful on one hand, but except it will be another lever to increase individual premiums as someone will have to pay for the re-insurance.
The gamble will be, as with all insurance, extra cost for premiums might be less if several issues in pool occurred, but imagine there will be a limit established with re-insurance so those costs will be more affordable.
Will be interesting to see, if this thing passes as is, and if my company selects this option, how much more above the normal 10%/month our premiums will increase.
I also expect companies to dump the retireehealth insurance benefits should other options become available to those retirees. Why would they even want to deal with it any more?
I can see this being helpful on one hand, but except it will be another lever to increase individual premiums as someone will have to pay for the re-insurance.
The gamble will be, as with all insurance, extra cost for premiums might be less if several issues in pool occurred, but imagine there will be a limit established with re-insurance so those costs will be more affordable.
Will be interesting to see, if this thing passes as is, and if my company selects this option, how much more above the normal 10%/month our premiums will increase.
I also expect companies to dump the retireehealth insurance benefits should other options become available to those retirees. Why would they even want to deal with it any more?
