It is mandatory to procure user consent prior to running these cookies on your website. The team at BBG is the best in the industry. I was stuck. This is protection against abnormal frequency of claims in total rather than abnormal severity of a single claim (Specific stop loss). Plain and simple, BBG saves our company money. 2023 Berkley Accident and Health. If you are looking for a quality Benefits Group this would be the group to go with. Stop Loss Purchasing Stop Loss Definitions What does the Aggregating Specific Corridor field represent? Kelly was thrilled to introduce me to Mike Gore, he was extremely helpful in setting up my coverage. 107 0 obj <> endobj When you're a client of BBG it's like your part of a big family (in a good way), everyone is always willing to assist in any way they can. preliminary claim unit (PCU)/specialty claim unit (SCU), Architects & Engineers and Contractors Prof. Professional, honest, responsive and most of all patient! This allows these individuals to avoid the hard financial impact caused by unexpected high catastrophic claims. MSL Specimen Policy-Sample, .cls-1pdf,.cls-2pdf{fill:none;stroke:#009ce5;stroke-width:2px;}.cls-1pdf{stroke-linejoin:round;}.cls-2pdf{stroke-miterlimit:10;}.cls-3pdf{fill:#009ce5;} Just in Time for Spring Get 50% Off for 3 Months. Their stop-loss attachment multiplier is 150%. Great service! Our philosophy and vision unites our teams and distinguishes us from all others in the industry. Derek Winn, the Senior Benefits Consultant, is exceptional! Keep up the good work. 0000011454 00000 n Copyright 2022, Tokio Marine HCC. Statement of Commitment to Data Privacy and Security. I love working with BBG! It was a win for our company and a win for our people. The Business Benefits Group has been great to work with. The form of stop loss coverage that provides protection for the employer against the accumulation of total claims for the group as a whole exceeding a stated level. Aggregate stop-loss insurance is designed as a form of protection for employers. We started working with BBG this spring and are thrilled with the level of service, attention to detail, and knowledgeable staff. I've worked with BBG for 7 years and was responsible for introducing BBG at my new company. Again, youd need to pay the first $125,000, which is called your aggregate stop-loss deductible or aggregate attachment point. GY%Sr+5B,` Y: 55Lz#, Rg>ByvOWps{p/won\h\)F|l2JIJfTw6`t~Rn$xiV+`@b8a6Ii60T$v"J$D1YMbt8nl;d)o%)c They have provided tailor-made solutions to help save our company money, while providing competitive benefits for our employees. Repricing Form, .cls-1pdf,.cls-2pdf{fill:none;stroke:#009ce5;stroke-width:2px;}.cls-1pdf{stroke-linejoin:round;}.cls-2pdf{stroke-miterlimit:10;}.cls-3pdf{fill:#009ce5;} I have been working for the Business Benefits Group for years as their HVAC vendor. With self-funded insurance, the employer assumes all financial risk when providing his or her employees with healthcare coverage. Everyone at BBG is knowledgeable and their willingness to make themselves available to not only our company, but our employees is unmatched.
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