Tag: small business healthcare

Inside Nationwide’s $1.25B Deal with Allstate and What It Means for Workplace Healthcare

Angela Linders
Stop-loss segment of Allstate Corporation

Nationwide’s $1.25 Billion Deal to Acquire Allstate’s Stop-Loss Segment Nationwide, a Columbus-based insurance company, has announced its plan to acquire the employer stop-loss segment of Allstate Corporation for a staggering $1.25 billion. The deal is set to finalize in the second half of 2025, marking a significant move for both companies. But what exactly does this mean, and why does it matter? Let’s break it down. What Is Stop-Loss Insurance? First, let’s cover the basics. Stop-loss insurance is a type of coverage designed to protect companies that fund their employees’…

Read More

Health insurance adjustment suggested by Massachusetts Governor

H. Cutner
health insurance rates

 Gov. Patrick has suggested a few tweaks to the current law that may eliminate a healthcare struggle. The implementation of the core element of the healthcare reforms are now less than a year away, and the Governor of Massachusetts, Deval Patrick, has proposed an adjustment to the state’s own healthcare access law from 2006, which would apply a penalty to employers who are not making a “fair” contribution to the health insurance benefits of their employees. The alteration to the law would be called the “employer responsibility contribution”. That new…

Read More