Home > Term: stop-loss insurance
stop-loss insurance
A type of insurance coverage that enables provider organizations or self-funded groups to place a dollar limit on their liability for paying claims and requires the insurer issuing the insurance to reimburse the insured organization for claims paid in excess of a specified yearly maximum.
- Part of Speech: noun
- Industry/Domain: Health care
- Category: General
- Company: Blue Cross Blue Shield
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- Jessehe
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