Home > Term: stop-loss coverage
stop-loss coverage
This protects employers who take on most of the risk of a health plan. An employer can buy this to avoid having to pay for large health claims. If health care costs go over the amount listed in the contract, the plan will pay the rest.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: General
- Company: Aetna
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- Jessehe
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