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Large-deductible's Role in Carrier Insolvencies Debated

By Elaine Goodman (medical/business Reporter)

Thursday, January 28, 2016 | 645 | 0 | 0 min read

As a working group of state regulators moves toward finalizing a draft report and recommendations on large-deductible workers’ compensation insurance policies, a dispute has broken out how much of an impact such policies have had on insurance carrier insolvencies. The issue arose in written comments a National Association of Insurance Commissioners working group received on its Dec. 16 draft report. The comments were reviewed during a teleconference hosted by NAIC on Wednesday. One section of the draft report lists insurance companies handling large-deductible policies that have become...

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