Thursday, November 18, 2010

The Rest of the Story . . .

Bloomberg is reporting that a non-profit cooperative to "help small businesses in South Carolina find affordable health insurance for their workers."


If they expect to operate as a MEWA (Multi Employer Welfare Association) good luck. Most of those have either been declared illegal or have gone out of business, often due to shady business practices.

Perhaps all they will do is operate as a "super" broker. Getting something like this off the ground is challenging and more often than not, unproductive. Trying to negotiate favorable rates with a carrier on a rag tag group of businesses covering a wide range of industries is virtually impossible.

PEO's (Professional Employer Organization) have mostly failed when it comes to establishing favorable offerings of group health insurance.

And there is this . . .

Unless Obamacrap is unwound, gutted or outright repealed, all these efforts become moot in 2014.

I fail to see how this is news or what they will accomplish.
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