EMPLOYEE BENEFITS &
INSURANCE SPECIALISTS/BROKERS
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JT WORTHY CONSULTANTS
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In-Force
1500
12,865,000
12%
14,408,800
120%
17,290,560
2,401,467
19,692,027
0
JTW-Quote
1500
12,865,000
6%
13,636,900
115%
15,682,435
Included
15,682,435
4,009,592
Employees
Paid Claims
Trend
Expected Claims
Agg Corridor
Agg Amount
Run-Out/T.L.
Total Risk
Savings
|* Inflated trend increases the projection of expected paid claims.
*Increased Stop Loss limits for high risk individuals.
*The use of higher corridors to determine Aggregate Deductible.
*Whether your stop-loss deductibles reset at renewal.
*Whether your stop-loss coverage continues beyond termination.
Self-funding has its advantages when it comes to funding a health plan. Plan design flexibility, improved cash flow and large potential financial savings include some of the advantages.
However, financial risk and uncertainty also exists within self-funding. Stop-Loss insurance can be used similarly to a strategically designed and placed dam in order to control risk and uncertainty.
Stop-Loss Insurance is our niche and specialty, and has been for over 25 years. Using your company’s paid claim history, we build financial models analyzing the impact of different features (length of contract, deductible amounts, corridors, reimbursement amounts, cost sharing, etc) within the stop-loss coverage and forecast exactly what your maximum claim liability and premium cost will be for the year. We eliminate the guess work out of self-funding.
Cost Savings Provided by JT Worthy
What increases exposure to your healthcare budget?
- STOP LOSS
Self Funding and Stop
Providing Solutions
INDIVIDUAL
Life Insurance
Long Term Disability
Estate Planning
Buy/Sell Plans
Executive Bonus
Split Dollar
COLI
Non-Qualified RET
Salary Continuation
