PAI is the nation’s leader in administering state health reinsurance programs. Our core competencies are rooted in subject matter knowledge of individual and group health insurance reform; collaborative skills to facilitate program design among regulators, national associations and private insurers; and a portable and reliable reinsurance administration system. PAI has continuously administered numerous reinsurance programs since its inception in 1998, and many of its reinsurance team members have been actively working with reinsurance programs for over 25 years. The reinsurance programs administered by PAI are mechanisms that have been created to stabilize the health insurance marketplace by spreading the risk of adverse selection associated with a guaranteed issue environment in the individual and small employer markets.
Highly Respected, Experienced Professionals:
PAI’s team of highly respected, experienced professionals provides direct program administration in all phases, ranging from daily interaction with issuers on routine matters regarding reporting and guidance with the rules and regulations, to staffing the board of directors.
We act as the liaison among the issuers, the boards of directors and the departments of insurance concerning issues related to assessments and reinsurance in general. Our services have proven invaluable to each stakeholder, and more importantly, the boards of directors, as these are voluntary positions and their time is very valuable. Having administered 26 health reinsurance programs across the country, we have dealt with all or most of the national issuers, as well as a multitude of state-based issuers. In addition, our level of involvement spans from pure administration of day-to-day operations of the reinsurance programs to assistance on matters at a higher level, and of higher impact.
For more information regarding PAI’s Reinsurance solutions, please contact Karl Ideman