Tag

financial stability

Jul 24

Stop-Loss Insurance: Protect Your Self-Funded Health Plan

By Employee Benefits
In today’s healthcare landscape, catastrophic and unexpected medical claims are increasingly common. This rise can be attributed to medical and pharmaceutical advancements, such as specialty drugs and cell and gene therapies, alongside the effects of medical price inflation. As a result, many employers with self-funded health plans are seeking ways to mitigate their financial exposure to such potentially devastating claims. One effective strategy is the purchase of stop-loss insurance.
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Apr 17

Unlocking the Potential of Alternative Risk Funding

By Business Insurance, Employee Benefits
Navigating the world of organizational strategy involves exploring alternative risk funding solutions. If your traditional insurance costs are higher than you'd like, there are various options for both commercial insurance and employee benefits. This blog post highlights self-funded insurance, captives, risk retention groups (RRGs), and stop-loss policies, offering simple explanations on how these models can fortify your organization against uncertainties.
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