Stop-loss insurance acts as a risk management tool for all businesses - large, mid-sized, and small.
Stop-Loss Insurance Acts as a Risk Management Tool
Employers are looking for effective ways to manage the cost of benefit plans for their employees—searching for the balance of quality medical care and managing the costs to the company and the individual. Self-funded health plans with Stop-loss protection, allow employers to assume the control associated with health care costs in exchange for many significant financial benefits and more choice in what their health plan offers. Understanding the difference between a fully insured health plan and a self-funded plan will help you know if this balance of self-funding is right for you and your company. Let EBI take the guesswork out of trying to decide if a self-funded plan option is the right fit for your company.