Stop-loss coverage is a popular lever for protecting employers. It limits financial exposure from large health claims and can reimburse employers for claims that exceed agreed upon thresholds.
As self-funded health plans continue to grow among employers with as few as 100 employees, the importance of selecting an appropriate stop-loss strategy becomes even more critical to avoid paying catastrophic claims out of working capital.
This guide will walk you through:
- A quick overview of stop-loss coverage, and why it’s important.
- How to choose the right stop-loss policy.
- Tips on how data can help you “level the playing field” with your stop-loss efforts.