Navigating the world of self-funded health insurance can be complex. In this episode, Kim Morse and Matt Kremer, sales directors at HM Insurance Group, a leading national Stop Loss company, discuss key trends impacting self-funded employers and what to look for when selecting a Stop Loss carrier to help safeguard self-funded plans.

Navigating the world of self-funded health insurance can be complex. In this episode, Kim Morse and Matt Kremer, sales directors at HM Insurance Group, a leading national Stop Loss company, discuss key trends impacting self-funded employers and what to look for when selecting a stop loss carrier to safeguard your business.

The health care and insurance industries have seen an incredible increase in the sophistication and costs of medical treatment options over the past 10 years. 

This includes innovative cancer treatment options, enhanced care for newborns, and the development of a growing number of gene therapies for rare diseases, among other contributors. 

While these advancements have created the potential for life-changing treatment options for patients – they also have fueled a trend in rising claims – many of which can well exceed the million-dollar mark.

Employers continue to turn to self-funding as an option for gaining better control of their health benefits and costs, and given the state of the market and growing costs, having the right Stop Loss insurance protection in place provides a further mechanism of control. 

Today I’m joined by John McCabe, regional vice president of sales for HM Insurance Group’s West region, and Evan Stratton, a sales director in HM’s newest office location – Denver. 

They are here to discuss some significant industry trends and the importance of selecting the right Stop Loss protection.