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PPACA Spurs Interest in Self-Funded Health Plans
The trend reflects companies' desire to maintain a level of flexibility and control over plan design and cost.
Health insurers are predicting an increase in self-funded health insurance plans by U.S. employers in response to the Patient Protection and Affordable Care Act (PPACA).
According to a study released Monday by Munich Health North America, a subsidiary of reinsurer Munich Re, employers are expected to increasingly do away with providing group health insurance to their employees and are expected to instead self-fund their plans.
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