Stop Loss Services
Stop Loss Insurance (also known as Excess Risk insurance) protects a self-insured client against excessive and fluctuating claim exposure. Specific Stop Loss protects against high claims on any one individual. Aggregate Stop Loss protects against high claims on the entire plan.
Securing Specific & Aggregate Stop Loss Insurance
NAA maintains close relationships with well-established and financially sound providers of Stop Loss insurance. Securing a Stop Loss quote requires in-depth analysis of historical plan data. Often, detailed analysis by our experts can provide insight into historical utilization that leads to more competitive offers.
Much like the initial purchase of Stop Loss insurance, each annual renewal requires in-depth involvement to negotiate fair pricing. Our sizeable block of business and our reputation of integrity put us in a favorable position to secure the best possible renewal offers.
Claim Reporting and Follow-Up
We have a separate Stop Loss Department dedicated to the filing, monitoring and follow-up of all Stop Loss claims. Our reputation for complete and legitimate claim submissions insures our clients top priority in processing by our carriers.