The stop loss insurance
would cover unemployment costs between $10,000 and $40,000, protecting the agency from unexpectedly absorbent SUI costs.
He is a welcome addition to an already exceptional group of people who share a passion for stop loss insurance
and providing optimal solutions for our customers.'
Hirsch continued, "While many of the changes become effective in the future, self-funded plans need to be proactive today; exploring their options for medical stop loss insurance
, evaluating their third-party administrators to assess their capabilities for assisting with the new regulations and finally, taking steps to better contain health risks through effective medical management."
"The attachment points in the Stop Loss Insurance
Model Act have not been revised since the model was adopted in 1994," Goe says.
"If a state passes legislation that includes very high limits on stop loss insurance
for small employers, such as currently proposed by the [ERISA] Subgroup, then, all other factors being equal, a small employer who anticipates good claims experience will have more financial incentive to self-fund their claims."
In the RFI, federal officials ask a number of questions about use of stop-loss insurance by small groups, such as "What are common attachment points for stop loss insurance