Employer Excess Loss

Managed Risk, Inc. provides a variety of insurance services designed to reduce the financial risk for those employers who choose to self fund their employee medical plans. Managed Risk, Inc. assists employers in determining the appropriate level of risk based upon both the employer's comfort level and the characteristics of their group. These services are critical in preventing the employer's exposure to catastrophic claims.

Managed Risk, Inc. has two separate vehicles that employers can choose in order to gain medical excess loss coverage. These services can be combined or purchased individually in order to provide the correct insurance service for a particular group.

Specific Medical Stop-Loss
The first coverage is called Specific Medical Stop-Loss. During the purchasing process, Managed Risk, Inc. helps the employer determine the appropriate amount of risk to take on each individual employee. This amount of risk is called the specific individual deductible or retention (SIR). The purchased coverage then provides protection for the employer from claims on any individuals that exceed this amount during the policy's liability period. This service limits the employer's financial exposure on large unexpected medical expenses for any employee.
Aggregate Medical Stop-Loss
Alternatively, employers can choose to purchase Aggregate Medical Stop-Loss coverage. During the purchasing process, Managed Risk, Inc. assists the employer by predicting the maximum cost of all employee claims under a pre-determined amount. This amount is referred to as the aggregate attachment point. The purchased coverage then provides protection for the employer from total claims paid on behalf of the entire group that exceed the predicted attachment point during the policy's liability period. This coverage limits the employer's financial exposure from an unusual accumulation of smaller claims.

Program Features

A++ rated carrier
Available in all states
25 employees and above
$10,000+ specific deductible
$5,000,000 specific maximum

Need a Quote?

Please feel free to submit a request to quotes@managedrisk.com.

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