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Posts Tagged ‘Law’

Interpreting the Health Care Law

August 16th, 2010

The Democratic chairmen of the House and Senate committees that oversaw health reform weighed in this week on an arguably small matter of how the new law was being shaped. But the intrusion has some big implications, not only for what it means to the question at hand, but its foreshadowing of the very political context in which regulatory decisions implementing the new law are likely to be made.

The letter turned on the question of the “legislative intent” when crafting a definition of the federal taxes that could be excluded from calculating the medical loss ratio that insurers will be held to. At issue is a part of the new health law that fixes how much insurers must spend on medical benefits versus administrative costs.

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Tags: Care Law, Law
Posted in Latest Insurance News | No Comments »

Employment Practices Liability Insurance – Because Law Suits Happen

October 30th, 2009

Unless you’ve been doing business in an alternate universe, you will not be shocked to know that disgruntled employees like to get even and their favorite tactic is a law suit. Assuming your company is located here in reality land, you’re going to need employment practices liability insurance (EPLI for short)…like the minute you hire your first employee.

The number of law suits filed against employers just keeps going up. No matter that you shoulder the risk, put in a 60-hour work week and haven’t drawn an actual paycheck in months so you can meet payroll. If you’re a business owner, you might as well have a sign on your back that says “sue me.”

And they will. For sexual ha

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Tags: Law, Law Suits
Posted in Insurance General | No Comments »