Limit Your Risk with NCAS Stop Loss Insurance Carriers

When you self-fund your health plan, you need built-in protection for catastrophic loss. NCAS helps you limit the risk of your plan through stop loss coverage. Here are som definitions that you need to know.

A Self-funded plan is one in which the employer assumes the financial risk for providing health care benefits to its employees.

Stop Loss insurance is designed to limit the employer's loss to a specified amount, to ensure that catastrophic claims, or a multitude of unanticipated claims, do not upset the financial integrity of a self-funded plan.

Individual Stop Loss, sometimes called Specific Stop Loss, protects the employer against catastrophic claims by single individuals that exceed a dollar limit chosen by the employer.

Aggregate Stop Loss, or Excess Risk Insurance, insures against non-catastrophic claims exceeding a total dollar amount for a plan year. This usually is 125% of the level of expected claims established by the insurance carrier.

We maintain solid relationships with a number of A and A+ stop loss carriers to make sure you get the coverage you need, when you need it. Be covered always. Contact NCAS for a complete listing of stop loss carriers.

The Coverage You Need, When You Need It

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