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Article: Vanishing Carriers A Major Concern For NAHU Leaders.(National Association of Health Underwriters )(Brief Article)
- Article from:
- National Underwriter Life & Health-Financial Services Edition
- Article date:
- July 2, 2001
- Author:
CopyrightCOPYRIGHT 2001 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Some of the producers who traveled here for the National Association of Health Underwriters annual convention complained bitterly about insurers' lack of interest in small employers.
"If we don't serve those clients, the federal government is standing in the [wings], waiting to come and fill that void," warned Michael Matznick, NAHU'S outgoing president.
But Matznick and other speakers said carriers are cold to small employers partly because federal and state efforts to reform the small group market have backfired.
"We need to address the real issue," said John Nelson, a past president of NAHU's California chapter. Carriers "aren't making money ...