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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.
What else can I help you with?
What does alopecia mean in the medical field?
Hair loss.
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
What does the medical abbreviation Lou mean?
LOU is an abbreviation for loss of use, which is actually a legal term. In medical charts, it may refer to loss of function of a body part, for example on a worker's compensation claim.
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.
Can I stop hair loss using medication?
HairMax is the first and only medical device that is clinically proven to stop hair loss and promote hair growth. It is FDA cleared because of its patented Laser Photo Therapy device which is an effective, safe and convenient treatment recommended by dermatologists and hair loss specialists.
What do you mean by buying stop loss and selling stop loss?
It's an order to your broker to sell a position if it drops below a certain amount. A buying stop loss sounds like you'd have an order in to buy stock if it drops below a certain amount, which is very much like selling puts.
What is the medical term meaning loss of pigmentation?
Vitiligo is the medical term meaning loss of pigmentation.
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.
What does it mean when you still on your period after your period?
It means that you still on your period and it will stop shortly.If it doesnt get medical help.
