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02 Apr 2018

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The Role of Stop Loss in the Group Market

Stop loss coverage helps self-funded employers manage risk by capping expenses from employee medical claims, limiting a company’s exposure to financial losses. Catastrophic health events, like premature babies or cancer, are possibilities in any workforce and are likely to quickly exceed medical expense estimates. As a measure of how great this risk can be, a single premature infant can incur an average of $54,194 in medical bills.

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