Stop-loss insurance means a promise by an insurance compa- ny that it will cover losses of the entity it insures over and above an agreed-upon aggregated amount.
Stop-loss insurance means a promise by an insur- ance company that it will cover losses of the entity it insures over and above an agreed-upon aggregated amount.
Stop-loss insurance means a promise by an insurance company or other insurance provider that it will cover losses of the entity it insures over and above an agreed-upon aggre- gated amount.
More Definitions of Stop-loss insurance
Stop-loss insurance or "REINSURANCE" means insurance, purchased from an insurer or other entity authorized or admitted to provide such coverage in the State of New Jersey, covering losses in excess of an amount established between the Fund and the insurer up to the limits of coverage set forth in the insurance contract on a specific per occurrence, per individual or annual aggregate basis.
Stop-loss insurance means insurance protecting an employer or other person responsible for an otherwise self-insured health or life benefit plan against obligations under the plan, but "stop-loss insurance" does not include reinsurance written for an insurance company.
Stop-loss insurance means insurance against the risk of economic loss assumed under a self-insurance pro- gram.
Stop-loss insurance means insurance purchased by an employer to limit exposure to claim expenses under a health benefit plan provided by the employer.
Stop-loss insurance means insurance purchased by a small employer for which the stop-loss insurer assumes all loss amounts of the small employer's plan in excess of a stated amount, subject to the policy limit.
Stop-loss insurance means a promise by an insurance company that it will cover losses of the entity it insures over and above an agreed-upon individual or aggregated amount.