Shopping for stop loss as a self-insured business for health insurance is important but may not be the most important component of your plan. In this episode, Justin provides an example dollar difference between a 50% increase and 30% increase on stop loss for a typical 200 subscriber group would be in the $50k-$70k range (annualize).
While not insignificant, it is a small portion of the overall plan cost and there are many other options mitigating factors to offset this increase. It certainly should not dictate which broker you choose to work with long term as usually 70-80% of costs are the actual claims.
Learn more at www.bullbenefits.com
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