LifeWise Assurance Company is built on relationships. We’re here to facilitate success for you and your clients. We’ve got the flexible stop-loss products your self-funding clients need. As part of the Premera family of companies, we’ve got the resources and support services you demand.
Employers of all types are opting to self-fund their health coverage. Companies with 50 or more employees that are actively looking for ways to control healthcare costs and are comfortable assuming the corresponding risks may find self-funding to be a viable and fruitful option.
Contact LifeWise Assurance to discuss the options available for self-funding groups of 50+ lives.
Because stop-loss coverage does not insure employees or dependents, employees will find their claims experience virtually unchanged. The same is true for employers who use third-party administrators to pay claims and manage health coverage. The main difference is the transparency of the process through detailed reporting.
Stop-loss insurance reimburses plan losses in two situations:
Multiple variations are available for both specific and aggregate stop-loss. Contact us today for more information.