Premier Consulting

Stop Loss Insurance

Premier partners with national stop loss carriers who produce highly competitive rates for our clients. We manage over $10 million in stop loss premiums allowing us to negotiate competitive "reinsurance" protection.

What is Stop Loss insurance?

Stop Loss insurance (also known as excess insurance or reinsurance) is purchased to protect the self-funded health plan from high claims by putting a ceiling on financial risk. This provides protection against catastrophic or unpredictable losses. It is purchased by employers who have decided to self-fund their employees benefit plans, but do not want to assume 100% of the liability for losses arising from the plans. Under a Stop Loss policy the insurance company becomes liable for losses that exceed certain limits called deductibles.

Stop Loss coverages are available in two forms with a number of variations for each product:

  1. Specific (Individual) Stop Loss protects the employer against large claims for any individual during a policy year. This is a way to shield against the threat of "shock loss" by limiting claim liability with respect to any one Plan participant. It provides prompt reimbursement if claims exceed a specified per participant deductible amount.

  2. Aggregate Stop Loss protects the employer against having excess claims utilization for the entire group. When the annual claim limit for all participants exceeds a pre-determined level, aggregate Stop Loss reimburses the self-funded employer for all claims exceeding that level during the agreement year.

Additional stop loss options:


Why use Premier to market stop loss?


Click here to contact us for a stop loss quote.