How They Stopped Doing That: MASC and an Outdated Health Insurance Pool

How They Stopped Doing That: MASC and an Outdated Health Insurance Pool

By: Karla Taylor

When the Municipal Association of South Carolina examined the viability of its long-running health insurance pool in light of new national trends, the prognosis looked grim even though the program was still financially fit. Here's how the organization decided to pull the plug sooner rather than later.

As difficult as the decision can be, sometimes it's wiser to end a still-viable program before events force your hand. That's what the Municipal Association of South Carolina decided when it closed down its South Carolina Local Government Assurance Group, which provided medical, dental, vision, and life coverage for municipal employees. The benefit program was one of three self-insured pools MASC runs for cities; the other two continue to operate. ...