Results-Oriented Medical Stop Loss Placement and Renewal

For many plan sponsors, the annual increase in medical stop loss renewal rates represents one of the most significant and costly components of their benefit plans. Often, a lack of familiarity with stop loss coverage—whether on the part of the plan sponsor, their advisor, or both—can lead to frustration and missed opportunities for savings.

When a renewal requires switching to a different underwriter, it may offer potential cost reductions but also introduces transitional risks. These risks include coverage gaps and the possibility of “lasers” on high-cost claimants, resulting in higher deductibles or outright exclusions.

By adopting a strategic and thorough approach to stop loss placement and renewal, many plan sponsors can secure meaningful premium reductions. Since stop loss coverage typically has little to no impact on employee enrollment or coverage decisions, it presents an attractive avenue for controlling benefit plan costs.

At Aegis Risk, our dedicated focus on medical stop loss enables us to help clients and partners avoid costly pitfalls and maintain robust coverage. Here are some of our proven strategies for achieving cost-effective, high-value placements and renewals: