Stop-Loss

Stop-loss or excess loss insurance is one of the most critical components of any self-funded benefits plan. MedCost has a seasoned staff of underwriting professionals who work with clients to arrange for high-quality stop-loss insurance. And because MedCost administers benefits for almost 150,000 lives, we have strong relationships with preferred, respected stop-loss carriers and Managing General Underwriters (MGUs). Our stop-loss partners provide us with maximum discounts due to our integration of PPO networks, health management programs, and claims administration.

MedCost takes seriously our responsibility to help our clients evaluate carriers and MGUs to insure they are receiving the benefits they deserve from strong, dependable organizations. We thoroughly evaluate each carrier and MGU based on highly selective criteria. In addition, MedCost conducts its own ongoing quality review of stop-loss partners’ performance, including their underwriting philosophies, average claims turnaround time, and the carrier’s/underwriter’s reputation in the market. This assures that the stop-loss insurance we recommend will consistently meet our clients’ needs and requirements.