business

Risk Pool Information

Posted by Lloyd on June 11, 2012
Health / Comments Off

The General Assembly of the State of Illinois created the Illinois Comprehensive Health Insurance Plan (ICHIP) to provide access to health insurance coverage to all residents of Illinois who are denied adequate health insurance, because of their health, by any insurer.
For the traditional risk pool for state eligible persons (Section 7), the State of Illinois funds any deficit incurred under plans 1-3 by an appropriation made by the General Assembly. As such, Illinois was the first state to directly pay the costs of the pool without assessing health insurers doing business in that state. Continue reading…

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Getting off the Right Track. Part 1

Posted by Lloyd on June 04, 2012
Business / Comments Off

You’ve been on the right track; now get off it! Whoa! That sounds unsettling. Because it is. Business, especially a competitive service business in changing times with changing demographics, is never settled. Commit to one track only if you’re willing to see your locomotive eventually plow into a mountainside or off a cliff in a changing but poorly perceived business landscape. Continue reading…

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Traditional EDI to re-emerge within global Internet

Posted by Lloyd on September 28, 2011
Communication / Comments Off

Let me cut right to the point. Traditional electronic data interchange (EDI) – systems involving the high volume exchange of business transactions via sophisticated third party electronic mail systems – is dead. And in fact, we should see most of it disappear.

Continue reading…

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