Where we’re going
Plan Sponsors Brace for Increases in the Number of Million-Dollar Claims and Premium Increases for Stop Loss Coverage
The latest analysis from QBE confirms what many plan sponsors already suspect, catastrophic claims are becoming more frequent, more severe and more expensive to insure. In less than five years, the frequency of million-dollar stop loss claims has doubled. Cancer remains the top cost driver, and specialty drug therapies are pushing claims even higher. For … Continued