Stop loss policy claim limit

In the montly December Commission Report, I reported on the premiums and the claims of the stop loss policy for the county’s health care plan.  FYI here is the claim limit amount where the stop loss policy kicks in.

From broker Cole Harris:

“It used to be $250,000 until July of 2015 when it was raised to $300,000. I requested for rates higher than $300,000, but the largest the carrier would go was $350,000 due to your size. The rates for $350,000 did not justify the increase in liability.”

Leave a Reply

Your email address will not be published. Required fields are marked *