What is Stop Loss and How Does It Keep Benefits Plans Sustainable?
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Stop loss coverage protects employers from unsustainable increases in their benefits plan as a result of significant, high-cost claims.
Stop loss coverage is one of those terms you might hear tossed around when talking about group insurance or during a renewal. It’s a very important aspect of a benefits plan, working to keep costs sustainable over the long term and protect employers from significant, costly health expenses. Let’s take a closer look at why […]
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