News for hackers. Stuff that matters.
Re:GLP-1s Are Breaking Life Insurance by coredog64 on Monday July 14, 2025 @10:53AM (#44560971)
This misunderstands how employer-provided insurance works for most people. Large employers sign up with a company like Cigna to provide a network and administrative process. But the actual healthcare is covered by the employer. So really, Cigna or BCBS don't really give a rip if you're taking a bunch of money out of the pool.
Re:GLP-1s Are Breaking Life Insurance by reverendsteveii on Monday July 14, 2025 @12:43PM (#44562222)
So what you're saying is when I file a claim and it's paid (precious miracle that that is) it comes from my employer and not the insurance company?
Re:GLP-1s Are Breaking Life Insurance by sgerenser on Tuesday July 15, 2025 @02:47PM (#44574522)
Most likely, if you’re in a medium to large company (not sure the cutoff, probably somewhere around 500-1000 employees). Smaller companies will generally actually need the insurance company to be the payer as well since otherwise one or two huge payouts could bankrupt them.
Re:GLP-1s Are Breaking Life Insurance by fn-mote on Monday July 14, 2025 @02:17PM (#44563447)
USA: That’s the case if your company is “self-insured”. Some are, some aren’t. I imagine there are financial requirements to self-insure but I’ve never looked.