High-cost claims are on the rise, with $1 million+ claimants now becoming the norm. This brings increased risk to employers, requiring greater scrutiny and management of stop loss contracts and carriers.
Join our webinar as we review the current landscape and provide actionable solutions to ensure you are properly protected. The discussion will touch on:
- Stop loss overview and why you might need it
- Current marketplace trends
- How to ensure your organization is appropriately protected
- Risk mitigation solutions
- Captive considerations
Understanding your options and evaluating what is needed for your company can be complex. Mercer can help.
Factors driving cost in the stop loss market:
- $1 million+ claims up 50% over last four years1
- $3 million+ claimants have nearly doubled over the past year1
- 10–20 new therapies are expected to be reviewed and potentially approved by the FDA each year2
1 Sun Life Financial, 2024 High-Cost Claims and Injectable Drug Trends Analysis
2 Statement from FDA Commissioner Scott Gottlieb, M.D. and Peter Marks, MD, Ph.D., Director of the Center for Biologics Evaluation and Research on new policies to advance development of safe and effective cell and gene therapies | FDA
