The ratio of #claims to premiums for the full year was [about] 4% to 7% higher than what #Cigna had expected. #StopLoss #LevelFunded #PremiumIncreases #HealthInsurance (Free registration req'd.) https://buff.ly/3WJENh9
Specialty drugs and cancer surgery claims will push up stop-loss renewal prices, says Cigna CFO

The villains were injectable specialty drugs like Keytruda and inpatient surgical procedures for seriously ill patients.

BenefitsPro
Small employers are shifting to #LevelFunded plans because #HealthInsurance premiums have increased almost three times as fast as the overall rate of inflation. The article fails to mention that this means even higher #ACA plan premiums. https://buff.ly/4f0HG3p
Small employers are fleeing from fully insured market, analyst tells regulators

State insurance commissioners see “level-funded” plans – hybrid self-insured plans – pulling covered lives away.

BenefitsPro
The #StopLoss market is stabilizing, but prices may be about to go up. This could affect premiums on #SelfFunded and #LevelFunded #HealthInsurance plans. https://www.benefitspro.com/2024/08/14/sun-life-sees-u-s-medical-stop-loss-market-stabilizing/
Sun Life sees U.S. medical stop-loss market stabilizing

A company executive suggested that some competitors may have underpriced their coverage.

BenefitsPro