Expensive specialty drugs and ordinary severe claims are pushing the cost of protecting a self-funded employer health plan against catastrophic risk higher.
For self-funded plans that kept their deductibles the same, the average premium for medical stop-loss insurance has increased 11.5% this year, down from 13.4% in 2023, according to the Segal Group, a New York-based benefits and compensation consulting firm.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
