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An aggregate factor in Stop Loss insurance refers to the maximum amount an insurer is liable to pay for all claims within a specified period, typically a policy year. It serves to limit the total reimbursement the insurer provides to the policyholder for claims exceeding the predetermined retention level. This mechanism protects insurers from catastrophic losses while providing businesses with a safety net for high-cost claims. Essentially, it helps manage risk and predict financial exposure for both parties involved.

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2mo ago

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What is the difference between aggregate stop loss and specific stop loss?

Aggregate stop loss has to do with Stop loss insurance when involved with all the employees at a set threshold, Spec. Stop loss is the singular employee's status of either staying under or over set stop loss threshold at a specific period in time.


What does medical stop loss mean?

Medical Stop Loss is a product purchased by employers that self-insure their medical plans. Under a self-funded health plan, the primary insurer is the employer and the stop loss carrier can be thought of as a reinsurer. There are two kinds of medical stop loss coverage, specific stop loss and aggregate stop loss. Specific stop loss protects the plan against large claims on individuals and aggregate stop loss protects the plan from having overall high paid claims.


Do you recommend aggregate stop loss or specific stop loss for self insured medical plans?

I advise you to go see Sicko! That will answer your question and give you more questions


Do you recommend aggregate stop loss or specific stop loss?

Aggregate Insurance insurers your total annual cost or exposure to self insuring your health insurance. Example if the total annual aggregate is 1 million dollars that means you as the risk taker will not payout more than 1 million dollars for the total cost of all your employees costs. Specific Stop Loss insurance is where it insurers the employer risk taker from total claims one one employee or their dependents. Example you could have a specific stop loss deductible of $100,000 which means if you have you have an employee or its dependent have a total health care costs exceed the $100,000 the insurer will reimburse you. If I had to chose one I would buy a specific stop loss over and aggregate, since it is the catastrophic unpredictable claim that an risk bearing entity cannot budget for. William Dyer hcpnational.com


AAD stands for what in catastrophe excess loss reinsurance?

Annual Aggregate Deductible


What are the factor affecting aggregate Demand?

Consumption, Investment, Government Expenditure and Net Exports


What is loss load factor?

A load loss factor, LLF,not loss load factor,Êis a calculation used by electrical utility companies to measure energy loss.Ê Its the ratio of average load loss to peak load loss.


When was Stop-Loss released?

Stop-Loss was released on 03/28/2008.


What was the Production Budget for Stop-Loss?

The Production Budget for Stop-Loss was $25,000,000.


What is the difference between stop loss and non stop loss insurance claims?

When you have a stop loss you and you reach a claim over your amount. they will reduce your amount .


What is the duration of Stop Loss film?

The duration of Stop-Loss - film - is 1.87 hours.


Why do wages and row material affect short-run aggregate supply but not long-run aggregate supply?

wages and raw material effect short run aggregate supply because of productivity factor but money is neutral in the long run so will never effect long run