President, The Union Labor Life Insurance Company
Medical Stop Loss Can Help You Adapt to the Changing Health Care System
Daniel L. Wolak, president of The Union Labor Life Insurance Company, details how health care plans can utilize medical stop loss insurance to contain the costs associated with high-dollar insurance claims in the wake of new health care reforms.
Multiemployer Plans and the Future of Health Care
In our first issue of Experts’ Corner, Union Labor Life President Daniel L. Wolak examines the role that multiemployer health care plans can play in the Affordable Care Act’s insurance exchanges.
Daniel L. Wolak is President of The Union Labor Life Insurance Company. He oversees the day-to-day operations of the organization, including expanding distribution of existing services and identifying growth opportunities. He has 35 years of experience in the insurance industry.
One of his focuses is to understand the ramifications of the healthcare reform legislation on the company’s signature Medical Stop Loss business, and suggest actions and strategies for the organization to pursue on this front. He leads a work group that includes outside representatives from labor that studies the issues and possible solutions for Ullico as well as labor.
Mr. Wolak is a Certified Life Underwriter (CLU), a Fellow, Society of Actuaries and a Member of the American Academy of Actuaries (MAAA). In addition to these certifications, he is a current member of the Actuarial Advisory Council for Purdue University. He previously served a three-year term on the Society of Actuaries (SOA) Health Section Council, including one year as the Chairperson. Mr. Wolak earned both his Bachelor and Master of Science degrees in Statistics from Purdue University in West Lafayette, Indiana.