It didn’t take long for this to pop up especially with so many unknown factors that are out there today as even the best laid plans with analytics are in a model, technology can show up tomorrow and throw a left hook at any time. We have a lot of created and non-created disruptions in healthcare and some good and some not so good.
ACO Stop Loss Reinsurance is the actual name and there premiums paid and it can be spread over a number of payments. Many managed care organizations have purchased re-insurance policies as well and sells malpractice insurance to doctors as a primary business.
Last year in the Cayman Islands, Aetna took out a reinsurance policy in case their medical operating loss numbers went over 104%. BD
Aetna Takes Out Reinsurance Deal In The Cayman Islands- $150 Million to Kick When Medical Loss Ratio Hits 104%
HCP National Insurance Services, Aliso Viejo, Calif., is now offering accountable care organization reinsurance for participants in the Medicare Shared Savings Program.
The company, which also specializes in providing medical malpractice insurance, described reinsurance for ACOs as “a big growth area” for the company in a news release.