Stop-Loss coverage is a key component to any self-funded health plan. Our experts are able to guide employers through the ever-changing Stop-Loss market.
Stop-Loss Insurance is a layer of coverage that provides reimbursement to self-insured employers for catastrophic claims in excess of expected amounts. This coverage is purchased by self-funded employers to limit their exposure of catastrophic claims.
Specific Stop-Loss is a form of stop-loss coverage that protects a self-insured employer against large claims incurred by a single individual. The carrier will reimburse claims over the specific deductible amount.
Aggregate Stop-Loss is a ceiling to the amount that an employer would pay in expenses on the entire plan on an aggregate basis, during a contract period. The carrier will reimburse claims over the aggregate amount.