Diamante Cabo San Lucas, a Mexico-based private oceanfront community located on the Pacific Coast in Cabo San Lucas, Mexico, has announced construction of a new oceanfront community on the Baja Peninsula, the Diamante Dunes Clubhouse. -Diamante Cabo San Lucas Announces New Golf Course and Clubhouse.
'Self-funded' benefit plans exempt from state regulation, Supreme Court rules. WASHINGTON -- Workers' benefits under plans funded by their own companies cannot be modified to satisfy state insurance laws, the Supreme Court ruled yesterday in a decision that may affect more than 10 million employees nationwide.
Self-funded plans incur lower taxes than other health plans. In most states, there is no premium tax applied to the employer's claim fund, thus an immediate savings equal to the amount of the premium tax (approximately 2% to 3%) is realized. Funds usually held by the insurance carrier in various reserves are available for use by self-funded employers.