According to Lockton's People Solutions Market Update, more employers are moving to self-funded plans, which is increasing the carriers’ total risk pool. Even on an individual employer basis, exposure is increasing due to first-dollar trend pushing more claims over the stop loss deductible. To help alleviate the impact of stop loss premium increases, employers need to mitigate large claims risk before it exceeds the specific deductible, as well as manage risk once it becomes a stop loss claim. The answer is to direct patients to appropriate care to reduce waste. #healthcaretrends #firstdollar #healthcareclaims
??High costs + growing pressure are ahead for employers this year: https://lnkd.in/gJbJTUEz Read what's driving today’s health plan costs and how to navigate cost pressures when making strategic benefits decisions in the People Solutions Market Update!