Stop Loss Products

Some employers fund their own group benefits in an effort to stabilize rising health care costs. However, even these large, self-funded groups are at risk of catastrophic claims — especially those resulting from prolonged hospital stays.

Stop Loss coverage protects self-funded groups by limiting company liability in cases where health insurance claims grow to excessive amounts.

This coverage places a cap on the amount of claims a company is responsible for in a given year. This amount is usually high enough to keep the coverage reasonably priced, but low enough to protect a company from potentially devastating financial liability.

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