Nevada Benefits Firm Appeals $1 Million-Plus in Fines

August 24, 2006

  • August 24, 2006 at 12:49 pm
    Anonymous says:
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    My guess is that Payroll Solutions Group was acting as a TPA, and that the premiums paid to admitted carriers for reinsurance, ie: the specific and aggragate coverage was properly taxed by the state and paid by the carriers.

    I bet PSG has done a fine job and that the employees of the various firms have not suffered loss… ERISA allows this, why would the state even look for a reason to ding them? Nevada has lots of money. I pay Reno\’s light bill once or twice a year!

  • January 6, 2007 at 1:13 am
    Anonymous says:
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    PEO\’s in Nevada are not allowed to be self-funded in NR statue. This should be fun to watch. I wonder if this is going to turn into the next Team America

  • January 12, 2007 at 11:48 am
    Anonymous says:
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    Because PEOs in Nevada are prohibited to act as self-insurers. Its against the law.

    PEOs do not make good health insurance carriers. Doing so puts each client at risk becuase they bear the underwriting and reserve responsibity that their clietns may not be aware.

    You are also assuming PSG has reinsurance. There may be alot more to this story than is on the surface.



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