Employers with self-insured plans can purchase this insurance from the same or another insurer through the third-party administrators for protection against unexpectedly high claims.This coverage is a form of reinsurance or excess insurance for self-insured plans.Identify it.

Question

Quizplus · Accepted Answer

Stop-loss insurance is designed to protect employers with self-insured plans against unexpectedly high claims, acting as a form of reinsurance or excess insurance.

Employers with Self-Insured Plans Can Purchase This Insurance from the Same