Stop Loss insurance protects healthcare organizations from catastrophic claims that exceed predetermined levels. The stop loss policy will either pay the significant claim or reimburse the insured if the total value exceeds the limit.
Specifically, stop loss insurance provides P&L financial stability for unpredictable large claims, including:
- NICU Claims
- Transplants
- Care for Chronic Cases (CHF, COPD, Diabetes)
- Chemotherapy