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reinsurance
(redirected from Stop Loss Insurance)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
reinsurance,
n insurance for third-party payers to spread their risk for losses (claims paid) over a specified dollar amount.

reinsurance
Managed Care A type of protection purchased by HMOs or providers from insurance companies specializing in underwriting specific risks for a stipulated premium


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Because ULL provides an extensive array of Stop Loss Insurance coverage, including broad Stop Loss coverage for medical, prescription, dental and vision all under one policy and prescription only Stop Loss, removal of limits is a very significant change not only for ULL but also for their client Taft-Hartley Fund Plans, municipality customers and single employers.
HCC Life Insurance Company (HCC Life), a leading carrier of medical stop loss insurance, announced today that it has reached an agreement with Mayo Clinic to offer transplant services to its medical stop loss insurance policyholders.
Stop loss insurance is designed to protect employers' self-funded health plans from the financial impact of catastrophic claims.
 
 
 
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