Ep #125: Actuary Explains Stop-Loss | HIT-chat with Nick Allen, Part 2
Description
One of the many reasons a skilled, independent actuary is crucial to your health plan strategy: setting the right individual stop-loss limit.
Do you just go with what you did last year? Follow “best practices” blindly? Take whatever a vendor recommends? In this episode, we break down:
- How to approach stop-loss decisions strategically
- Why good data is your best friend
- Common mistakes employers make when self-funding
- How actuaries help you budget accurately & protect your plan
I was thrilled to have Nick Allen, career actuary and Founder/CEO of Blue Raven, back in the studio for this second half of our 2-part series on why actuaries matter so much in the health plan ecosystem.
If you missed Part 1, go back and catch it—then dive into this powerful conclusion!
About the Show:
The H.I.T. Podcast (Powered by Montage Insurance Solutions): A thought leader in the space, curating the top news and information to deliver a brief, high impact overview designed specifically for the Human Resources professional, business person, and company executive.
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