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.”

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