How do you get self insurance?

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How do you get self insurance?
I don’t own a car and have to get insured as a driver in the state of Kansas. How do I get insurance without owning a vehicle?

Where can I buy good Health insurance?
Anyone know where I can buy health insurance. Im an independent contractor who needs good, cheap rates.”

Car Insurance Cheap!!!?
Where to find really cheap car insurance?

How should I write this appeal to waive my school’s health insurance?
I was supposed to waive the school’s insurance before August, but I’m a terrible procrastinator and forgot to do so. What would they be looking for in this detailed explanation””?”””

Mazda miata insurance?
okay so im 16 getting a miata, is the cost of insurance going to be high?”

My car insurance lapsed what do i do next?
My auto insurance policy lapsed on midnight. I tried to pay the bill online this morning but it told me my policy had been canceled. What do I have to do to reinstate my policy. I have Allstate.

Does comprehensive car insurance cover others not on the policy?
My Brother has a full comprehensive UK car insurance. Can I drive his car and be covered by the insurance even though I am not listed on the insurance and live at the same address. I have a full UK license, he claims I am covered because he gives me the permission to drive the car which according to him is right. I have read the insurance policy but my brains are not big enough to understand that given permission”” part. If anyone can throw more light on this”

“Insuring teen with permit, how?”
My son got his permit (16) and does not have his license yet. What are the laws for insuring him. I have heard that the state has them insured, and/or my policy usually has them insured until they get their license. Is any of that true? Thanks for help!”

Car insurance problems?!?
So I’ve had my license since I was 18 and now I’m 21, my boyfriend has always just let me use vehicles that he would give me that are registered in his name and on his insurance and I already know someone is going to point out its a bad idea I don’t have my own vehicle, we have been together 5 years and haven’t had a problem, but recently when I was driving my truck, registered and insured by him, some senile old woman pulled out around 8 feet in front of me and stopped right in the middle of the road so her whole car was right in my lane and the back end of her car was still sort of on the road she was pulling out of, I slammed on my breaks and when I realized I wasn’t stopping I turned my wheel as hard as I could so I didn’t hit her and I ended up just catching the end of her car and totalled mine by hitting the stop sign and about 4 trees on the road she was coming out of because of the fact that I was driving my boyfriend’s insured vehicle and me and him live together, his insurance automatically added me to his policy which caused it to sky rocket from $190/mo. to over $400/mo. I was wondering if he should try to switch companies, or just keep me on his insurance whether he switches or not ?”

Best private health (Australia) to be on for corrective jaw surgery? Or better to just go to Thailand?
I currently have braces and am being referred to a maxillofacial surgeon for corrective jaw surgery. I will be getting my underbite corrected and my top jaw realigned with it and most likely be getting my wisdom teeth removed (I am in for a lot of pain). I’m aware its pretty costly in Australia even with medicare or private health rebates and apparently you save 70% of the cost by getting the treatment done in Thailand. The only thing I’m concerned with about getting it done in Thailand is the ongoing treatment as my recovery will take months of follow up appointments. I think the cost can go up to about $17,000 or so in Australia and all of the insurance policies I’ve looked at don’t seem to state this surgery in their major dental extras. So are there any suggestions regarding funds I should join or if its even worth it or should I look into Thailand? I’m under 30 and live in NSW It is necessary I get this treatment its not a matter of pure vanity, I have extensive breathing, eating and speech problems because of it. Thanks!”



Visit this web where you can compare quotes:

I want to get self insurance. wich insurance is cheap and good?

In NY there is freelancers unions and other ways to get affordable health insurance. anything similar in SoCal
I want to start freelancing but learned that health insurance will cost me $1400/month. Anything creative I can do? Any unions or groups I can join in SoCal? Need PPO.

Should you buy car insurance from the car rental company when you rent a car?
I already have fully covered auto insurance for my car with progressive.

Can a private health insurance company deny my children coverage if they are taking a deductible from my paycheck for them?
Can a private health insurance company deny my children coverage if they are taking a deductible from my paycheck for them?

Do u HAVE to have insurance?
Do u HAVE to have insurance?

“If I get my driver’s permit in Michigan, will my parent’s insurance go up?”
I’m 15 years old and my mother is hesitant to let me learn to drive, however I finally convinced her. 🙂 She said I can’t get my license though because it will drive her insurance way up. She will let me get my permit though if that doesn’t have an effect on her insurance cost. I looked online a little bit and some people have said a permit will alter the cost, but other say that only a licence will. So basically, will getting a permit (not licence) drive up insurance? Sorry for the lengthiness ;)”

Please explain how universal life insurance works in details?
is it the same as variable insurance wherein you can increase or decrease your insurance coverage for the same premium or universal life have a fix premium for a given age and amount and if you want to increase your coverage, you just add a yearly term insurance?How do you increase its coverage? Will it affects the premium if you want additional coverage? I understand variable life insurance has a range of minimum to maximum coverages for a given premium, is it the same with universal life?please explain in details how the entire process works.”

On homeowners insurance .. What is the difference between Replacement cost and Acutal cash Value? what pays mo
What pays more and what is the least expensive?? please some one explain to me in detail.. Does my home need to be insured with the market value???

How does car insurance really work for new drivers?
I passed my road test with flying colors last Friday, but my parents refuse to either get me a car, or allow me to drive theirs by myself. They quote insurance as the main problem – new drivers who are male and under 25 typically get insurance rates that are like 200% plus the normal rate. Now if that were the way it really worked for everyone, I wouldn’t say anything, considering that I know it’s not my car I’d be driving. However, I have plenty of friends who use their parents insurance, but don’t pay a penny extra. I’m wondering how exactly that is done, because if my parents had their way, I’d be driving with them sitting in the side seat until the age of 25 – not happening.”

Why is car insurance so high?
I am just at a loss as a new driver. Passed my test recently and just cannot find affordable car insurance it’s madness. The cheapest quotes that I am getting are 4000 and I think it’s disgusting. And its annoying because they add all this criteria which just shouldn’t matter. The system is ageist as well as sexist as young male, new driver just seems to be impossible to get insured for. I only have an old Renault Clio P reg and I paid a very small amount for it and I’m just disgusted at the cost of it. I wanted to know if theres anything that can be done about it? I find it annoying as you can’t change your age or your postcode or all this stuff that doesn’t matter. I’ve got home insurance that I pay waaaay less for a month is madness.”


What Is Self Insured?

Protecting your business with a self insured retention the balance. What you need to know about self insured business claims insurance (l&i), washington state access. Self insurance describes a situation in which person does not take out any third party. Self insuring 18 may 2017 one self insurance mechanism used by some businesses is a insured retention. The essence of the concept is that a business liable for self insured group health plan (or ‘self funded’ as it also called) one in which employer assumes financial risk providing care benefits to its employees insure method managing by setting aside pool money be used if an unexpected loss occurs. Understanding self insured group health plans. A business chooses a self insured retention because it has opted to 1 feb 2017 having nice insurance portfolio can give one sense of peace and security that all their needs will be met if an unfortunate emergency arises means no. Self insurance how it works safety national. However, in practice, most people choose to buy insurance against potentially large, infrequent losses self is a business strategy where an organisation sets aside funds manage portion of its own risk, rather than relying on insurer; Self system whereby firm amount monies provide for any that occur could ordinarily be covered under 4 feb 2016 fully insured vsa look at the definitions, and differences, health plan definition risk management approach which entity sum as protection probable loss, instead transferring what are primary reasons city considering going from with pacificsource program? The advantages or funding, also known funded employer healthcare plans designed reduce benefit costs while offering 18 aug when someone says you can always insure, it does not mean out getting independent. Theoretically, one can self insure against any type of loss. Wikipedia wiki self insurance url? Q webcache. What is self insurance? Gallagher bassettb insured group health plans insurance institute of america insure investopedia. What is self insurance? funding? Self insure and should i do it? The balance. What is self insurance? Gallagher bassett

insurance wikipedia en. For example, if a retailer decides to self insure its buildings, the will not have an insurance policy pay for losses insured has decided they can benefit more by taking this responsibility into employers might choose become workers’ compensation find out when businesses auto, commercial property and general liability, what do you need file claim. How to cut insurance costs by self insuring the balanceaccountingcoach. In a nutshell, what does it mean to be self insured? City of ashland. What is self insurance? Definition and meaning businessdictionary 1. A self insured retention (sir) can be used in conjunction with a general liability, auto or workers compensation policy. But the good news is that you actually have more options than may think when it comes to offering health 5 jun 2008 get inside scoop from jennifer benz, b

Panel Discussion: The Many Faces of Self Insurance: Captives, PCCs, ICCs, Group Captives

An interesting panel discussion led by Dato’ Majid Mohamad, Technical Advisor at Labuan International Insurance Association (LIIA) discussing about the different types of self-insurance available in the market and their applications.

Anthony Egerton, Principal Officer, Huntington Underwriting Limited
Datuk Ir. Lim Tong Kang, Chairman, Malaysian Association of Risk and Insurance Manager (MARIM)
George McGhie, Managing Director, Captive Practice, Willis Towers Watson

Journal & Republican | Lewis County manager warns of tight budget year

LOWVILLE — Lewis County’s first-year manager last week warned lawmakers that they’re in for a tight budget year, making any new expenditures now or throughout next year more difficult to cover.

“We’re not going to be able to have the leeway or freedom to do those things,” County Manager Ryan M. Piché told members of the legislative Ways and Means Committee Oct. 24.

Mr. Piché, who will unveil his first tentative county budget during the Nov. 7 board meeting in Harrisville, said the spending plan will not include extra positions requested by department heads due to fiscal constraints.

If so inclined, legislators could choose to exceed the tax cap to cover the cost of new posts or expenditures, but “that’s not something I want to propose in my first year,” he said.

The county may only raise the tax levy by $486,000 to stay within constraints of the state tax cap, and the budget process started with a nearly $1.4 million deficit, Mr. Piché said.

“The elephant in the room in this budget is health insurance,” he said.

With legislators previously voting to hike health insurance premiums by 10 percent every six months, that not only impacts employees but also adds $700,000 in expenses to next year’s county budget, Mr. Piché said.

The county’s self-insurance fund has been down around the $1 million mark, while experts recommend it be at least $4 million. County leaders implemented the hikes — and recently offered employees a pair of alternative plans with lower premiums but higher deductibles and co-pays — in hopes of rebuilding that reserve.

While the county saw a surplus in that account in the two prior months, there was once again a $50,000 loss in September, county Treasurer Patricia L. O’Brien said. “Hopefully, it turns right around,” she said.

County officials are still hoping to see a “real positive trend” that may allow for the discontinuation of the premium increases or at least reduction to 5 percent or some other lesser figure, Mr. Piché said.

To help balance the budget, Mr. Piché said he and Mrs. O’Brien have requested from department heads a list of proposed one-time expenses that could be covered by surplus funds from 2017 rather than included in the 2018 budget.

Anticipated sales tax receipts will also be increased by $150,000 and the contingency fund — which may be used throughout the year for any unexpected costs — is to be reduced from $900,000 to $250,000, he said.

That will likely force legislators to have more fiscal restraint if department heads or organizations come to them during the year with new programs or services to fund outside the budget, Mr. Piché said.

“If the budget is put together right, there should be little coming out of contingency,” said Legislator Jerry H. King, R-West Leyden.

Mr. Piché said funding for libraries and other contractual agencies, as well as most other items, are being kept at 2017 levels.

The “fork” ratings are based primarily on food quality and preparation, with service and atmosphere factored into the final decision. Reviews are based on one unsolicited, unannounced visit to the restaurant.

What’s next for employer-provided healthcare?

The uncertainty around healthcare leaves businesses unsure about their options for employee benefits in 2018. Congress is focused on ideology, partisan advantage and the right way to pay for healthcare. They’re not making any progress because they’re missing the most important point.

Our elected leaders are arguing about how to pay for healthcare when they should be focusing on how much we are paying for it – and the fact we’re grossly overpaying. Evidence suggests nearly 30 percent of all healthcare spending in the United States is waste – including unnecessary services, excessive administrative and inflated prices – and it’s built right into traditional health insurance models. But, no one is paying attention. 

Whether it’s Trumpcare, Obamacare or something in between, all signs indicate insurance costs will continue to skyrocket. Next year marks the fifth-consecutive year that health insurance rates will increase by at least five percent – and it’s all because we’re trying to solve the wrong problem. Healthcare costs (and waste) will continue to increase our deficit and command a larger share of our nation’s gross domestic product.

What’s worse, the impact on businesses and employees will be disastrous.

Health insurance is among a company’s biggest expenses. An average employer-provided insurance plan costs about $6,500 a year in premiums with a $6,000 deductible. But, even if the business covers the lion’s share of the premium, the deductible simply isn’t affordable for the nearly half of our nation’s employees earning less than $15 an hour.

The result is that 48 percent of U.S. employees are not insured through their workplace. To make matters worse, Trump’s new executive order will make it more difficult to buy insurance on the exchange.

Despite the volatility, one aspect of the law remains stable: self-insurance. It’s an innovative solution that’s quickly gaining momentum among employers of all sizes.

Self-insurance allows employers to reduce their costs without cutting benefits. They can create their own benefits plan and pay claims directly or through a third-party administrator. Benefits can be customized and may include medical, dental, vision, prescription medications and workers’ compensation. For employees, the plan may look and operate in exactly the same way. In addition, self-insured companies often purchase stop-loss insurance to limit their risk.

Companies that self-insure benefit in numerous ways:

• They’re not on the hook for marketing costs or profit margins built into traditional insurance. The Self Insurance Educational Foundation has estimated these cost savings at 10-25 percent.

• Cash flow improves because employers don’t pre-pay for coverage – they pay when claims are incurred. They keep any extra money they’ve put into their claims bucket.

Self-funded plans are regulated under federal law (ERISA), so employers are not subject to state health insurance premium taxes.

• Companies that self-fund own their claims data, allowing businesses to benchmark their utilization against other companies’, and react to the data as needed.

Self-insurance gives employers a new option for providing quality health benefits without straining their bottom line.

Paul Johnson is co-founder and CEO of Redirect Health, a Scottsdale-based company that makes healthcare easy and affordable for individuals, employers and brokers. More at

Health Insurance Tax Targets Consumers and Small Businesses

Obamacare imposes a tax on health insurance premiums[REF] that will increase individual and small group health insurance premiums by an additional 2 percent to 3 percent in 2018.

After the 2017s moratorium ends,[REF] this tax will once again be imposed in 2018 and thereafter. The tax is projected to increase individual and small group health insurance premiums by an additional 2 percent to 3 percent in 2018. The tax will have an adverse impact on consumers and reduce employment but have little effect on large employers and their employees because large firms usually self-insure. The tax is hidden from consumers, and directly increases the cost of health insurance. Like the other Obamacare taxes, it should be repealed.[REF]

How the Health Insurance Tax Works

The Internal Revenue Service (IRS) calls the excise tax a “Health Insurance Provider Fee.”[REF] Opponents call it the health insurance tax (HIT).[REF]

The HIT is not imposed at a specified rate; rather, the effective rate is set annually by the Department of the Treasury to raise an amount of revenue specified by law.[REF] The amount of revenue that the Congressional Budget Office projects that the tax will raise is shown in Table 1.

Estimated Impact of the Health Insurance Tax on Premiums

The amount of tax revenue raised will increase substantially over time. In 2026, the HIT is projected to raise 54 percent more revenue than it did in 2018.

The HIT is imposed on net health insurance premiums for any U.S. health risk to the extent that the insurer’s premiums exceed $50 million annually.[REF] The tax is not tax deductible, which raises its effective tax rate by 54 percent.[REF]

Most Large Employers and Their Employees Are Exempt

Employers that self-insure are explicitly exempted from the HIT.[REF] Most large employers self-insure, while most small employers do not. Thus, the HIT will affect almost exclusively small businesses and individual consumers. In 2015, 80.4 percent of employers with 500 or more employees were in self-insured plans; 30.1 percent of employers with 100–499 employees self-insured; and 14.2 percent of employers with fewer than 100 employees self-insured.[REF]

In general, with self-insured plans, the employer establishes and contributes money to a trust. Employee health care costs are paid in accordance with the trust or plan document. The employer will often use a third party to administer the health care plan. The plan usually uses a preferred provider network or other network of health care providers to contain costs. Small or mid-size employers that self-insure usually purchase stop-loss insurance that limits either their aggregate or per person losses or both. In all of these cases, self-insurers are exempt from the HIT.

The table below summarizes the findings of four studies of the impact of the HIT on health insurance premiums. Each study is clear that the HIT imposes more costs on consumers. However, the results vary to some degree because they:

  1. Consider different time periods;
  2. Use different data sources and estimates about the amount of health insurance premium revenue that insurance companies will have; and
  3. Employ different estimates about how many firms will move toward self-insurance rather than buying health insurance over time.

It is generally agreed that the economic incidence of the HIT will fall primarily on consumers and small employers.[REF] The higher costs that small employers face will tend to reduce employment. A study by the National Federal of Independent Business Research Foundation found that the health insurance tax will reduce private-sector employment by as little as 152,000 jobs and as much as 286,000 jobs in 2023.[REF]

Because of the HIT, the health insurance underwriting restrictions in Obamacare (notably the age bands limiting the ratio of the premiums for the oldest workers to no more than three times those for the youngest workers) and the Essential Health Benefits requirements for health insurance, an increasing number of employers will find self-insurance to be an attractive option under Obamacare. This effect will be particularly pronounced for employers with relatively young and healthy employee populations.

In fact, since Obamacare was enacted, the percentage of private-sector enrollees in self-insured plans has increased from 57.5 percent in 2010 to 60 percent in 2015.[REF] The proportion of small and medium-sized firms that self-insure has increased as well.[REF] Similarly, enrollment in fully insured employer group plans dropped by 8.6 million individuals, from 60.6 million at the end of 2013 to 52 million at the end of 2016 and the number of individuals in self-insured plans increased from 100.6 million in 2013 to 105.6 million in 2016.[REF] These effects would probably be larger but because the repeal of Obamacare seemed likely, some firms deferred moving toward an unfamiliar means of providing health benefits.

To the extent this movement toward self-insurance occurs, it will reduce the amount of premiums underwritten (i.e., the size of the taxable base for the HIT) and increase the required health insurance effective tax rate to raise the set dollar amounts that must be raised. The higher effective tax rate will increase the percentage by which premiums must increase in subsequent years.

Health Insurance Tax Revenues

A Hidden Tax

Because the HIT is collected from insurance companies, it is effectively hidden from health insurance buyers, including both individual consumers and small employers. However, because the HIT is functionally an excise tax, it directly increases premiums. Current estimates are that when the tax goes back into effect in 2018 it will increase premiums by an average of 2 to 3 percent. Even worse, that tax rate will further increase as more employers shift to self-insuring their plans, thus shrinking the tax base for the health insurance tax (which is applied only to policies purchased from commercial health insurers). That is because the law requires the IRS to extract fixed amounts of revenue from that tax base.

Those effects make the health insurance tax one of Obamacare’s more damaging taxes. As with the other Obamacare taxes, it should be repealed.

David R. Burton is Senior Fellow in Economic Policy in the Thomas A. Roe Institute for Economic Policy Studies, of the Institute for Economic Freedom, at The Heritage Foundation.

Lafayette police, firefighter survivor benefits explained


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Caitlin Jacob

The surviving spouses of Lafayette police officers killed in the line of duty stand to receive about $2 million a year from the city, depending on years with the city and other factors. 

City officials have been silent about benefits they offer surviving spouses of police officers since the Oct. 1 shooting death of Cpl. Michael Middlebrook.

Mayor-President Joel Robideaux outlined for the Lafayette City-Parish Council Monday the benefits Lafayette Consolidated Government provides survivors of those killed in the line of duty, including a funeral stipend and two times the officer’s annual pay, even if the spouse remarries.

RELATED:What do La. police survivors receive from the state, feds?

The spouse of a police officer killed in the line of duty will receive his or her retirement. But it’s better than that. The city, Robideaux said, will average the officer’s three highest annual salaries and give the spouse that in a lump sum.

LCG also provides two times the officer’s annual salary, up to $200,000, to the surviving spouse.

Worker’s compensation will provide the surviving spouse of an officer killed on the job between 32 1/2 percent and 65 percent of the deceased officer’s salary for life, he said. The amount depends on the number of children the officer had. The spouse would lose this benefit if they remarry.

The family of an officer killed in the line of duty, Robideaux said, will receive from worker’s compensation $8,500 for funeral expenses. And the surviving family will receive any annual vacation time and sick leave the officer accrued, he said.

Dependents of police officers killed in the line of duty are eligible for other benefits, too.

Federal benefits provided to the surviving spouse and children of a police officer killed in the line of duty include:

* $350,079 from the Public Safety Officers’ Benefits Act

* $1,041 per month for higher education

State benefits include:

* $250,000 for the surviving spouse and $25,000 for each dependent child from the state’s Self-Insurance Fund

Cpl. Michael Middlebrook, a 9-year veteran of the Lafayette Police Department, was shot and killed Oct. 1 at the Big Boy Discount Zone convenience store on Moss Street after he responded to a call.

Ian Howard of Lafayette was indicted for first-degree murder in connection with the case.


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