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Reinsurance protects your organization’s healthcare plan by limiting liability in several ways. Below are four reinsurance coverages that will protect your organizations healthcare plan:

1. Specific Stop-Loss Protection – Reimburses the healthcare plan for paid claims on a specific plan member that exceed the “Specific Deductible” risk amount.

2. Specific Advancement – Provides immediate funding on eligible claims that exceed the “Specific Deductible” risk amount; no waiting until the end of the contract period.

3. Aggregate Stop-Loss Protection – Protects the Plan from an extraordinary number of “Specific” claims from plan members during a calendar year.

4. Aggregate Monthly Accommodation – Monthly advanced funding for “Aggregate” claims that exceed the year-to-date “Aggregate” deductible; no waiting until the end of the contract period for funding.

Request a proposal to learn more about how these options can protect your business and save you money or watch this short video for more information.

It’s vital that your company choose the right reinsurance coverage & carrier. Low prices alone do not necessarily make the reinsurance carrier a good fit for your Plan; each reinsurance carrier has different
definitions and policy provisions. The experienced experts at GBS want to be on your side to help you choose the right reinsurance policy and carrier. GBS can design and implement a customized healthcare program tailored exactly to your company’s specific needs and goals and secure the perfect reinsurance policy to protect your Plan - all to help you save money.
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