This Volume features insights and analysis on the growing stop loss marketplace. Consistent increases in the amount and severity of large claims are driving significant and persistent growth in stop loss premiums for employers. Check out Volume 3 for more insight and analysis into what is driving this important trend in the health insurance marketplace.
Yes, you read that right – Google has announced a new company called Coefficient that is tackling the stop loss insurance space. In Volume II of our Business. More Clearly. series we give you insight on what Google is up to (and how Lacher is involved), and an update on the COVID-19 impact on healthcare claims.
COVID-19 has impacted how we project healthcare claims in several important ways.
Volume 1 in our Business. More. Clearly. synthesizes the insights of the recent Milliam Report to detail the specific adjustments we are making to account for these impacts, and better estimate healthcare claims for businesses.
We have created some tools to help you think through how your business needs to change and adapt to safely and successfully engage customers in a post COVID-19 environment. You can use these tools as a starting point to create a plan of action that fits your business and your customers. Include here are the following tools:
Return to Work Action Plans:
COVID-19 Re-Entry Guides:
- COVID-19 Re-Entry Success Strategy (Excel download)
As always, our team is here to help you work through these tools and build the right strategy for your business. Please contact your advisor or client executive to continue the conversation.