Muh Muh Muh My Corona (virus)

Totally agree. The vax is not a big deal. Get the damn thing, you’ll be fine.

 

Sorry if this was posted previously somewhere.
Anti-vaccination lawyer for Capitol rioters now on ventilator with COVID-19

 

i recently traveled around the Southwest. There was obviously a shortage of maids. At a Hyatt in Boulder, Colorado I had to argue with the front desk to get my room cleaned after four days. Pre pandemic there were a sufficient maids in Colorado.

Where did all the maids go then. I visit Denver a lot and I know the maids almost always come from Mexico. So when the country shut down last spring did the illegals who were working as maids stay and pay Denver rents or did they go home? I think many went home. Also, when I was in Denver virtually every fast food place was advertising for help at $14 an hour.

I believe the surge at the border are people from depressed economies trying to get to $14 an hour jobs that had been vacated when the country shut down.

 

Let’s say you have Delta Employee X, who has a self-funded plan. Delta deducts some money from X’s paycheck and adds their own contribution. Delta makes a deal with Insurance Company Y to administer Delta’s plan. Delta gives the money budgeted for its insurance to Insurance Company Y to keep separately from Y’s own money and other self-funded plans’ money. Y administers the plan and processes claims because Delta is busy flying planes, but they do so with Delta’s money and usually Delta’s guidance, since the plan is used solely for Delta’s employees/families’ claims, as opposed to plans that Y operates on its own and funds through its own business operations.

Because of this, self-funded employer plans are typically governed by different laws than fully-funded plans which are operated by insurance companies with the money that they generate.

 

I don't doubt there is a shortage, sure. People don't want to do that job for the wages paid, in part because the wages are low for the work that's done, and the wages are low because immigrants, perhaps not here legally, are willing to work for them.

Why this exploitation is passed off as a good thing, I...really don't know.

 

Think I met this guy earlier today:

 

He seems to be reading off his left wrist to cite the Nuremberg Code.

 

But, like you said, it's Twitter.

 

Self-insured is a synonym for self-funded, and vice versa. Essentially, it means that money being paid out for claims is being paid by the employer (self-funded/self-insurer) not an insurance company. The employer may or may not hire an insurance company to administer claims. As you said, if they are large enough and it’s profitable for them to do so, they may do it themselves.

A self-insurer that administers their own claims would not be regulated differently than a self-insurer who hires an insurance company to administer claims. A self-insured/self-funded plan would be regulated differently than a fully-funded plan (such as a business purchasing a group plan for its employees from an insurance company or individuals buying their own plans).

As for regulations, self-funded/self-insured typically fall under federal jurisdiction while fully funded plans typically fall under state jurisdiction, although there are some regulations for the plans that fall under the opposite regulator (COVID testing regulations, for example).

I found this article which seems like a pretty decent explainer:

What Is Self-Insured Health Insurance?

 

Sigh ... whether the check comes from an insurer or an employer, the money's coming from the employer.