HM Insurance Group's Industry Insights Blog

Industry Insights

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Chronic Conditions Add to Costs for Self-Funded Plans

By: Dom Palmieri April 27, 2017
As a result of the changing health care landscape, we have seen a growing number of employers turn to self-funding to better manage costs and meet coverage needs through a more controlled approach. They see value in taking on financial risk to gain plan design flexibility and potential savings. And we work with their brokers to demonstrate the importance of Stop Loss insurance in guarding financial health in a health care environment where catastrophic claims are on the rise.
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