Stop Loss Insurance: What Lies Ahead for 2025

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Mark Lawrence
President
HM Insurance Group
Eric Berg
Chief Operating Officer
HM Insurance Group

As employee benefits costs continue to rise, more employers are self-funding their health care benefits programs to increase their control over costs. But the downside is that these employers also take on the risk of having to pay their own claims, some of which can be in the millions of dollars. Stop Loss protection helps to mitigate that risk.

HM Insurance Group's president, Mark Lawrence, and chief operating officer, Eric Berg, share their insights into industry developments they've been tracking over the past year and look ahead at what employers and brokers can expect in 2025, as well as the actions that they should consider taking when preparing for the year ahead. Listen as Mark and Eric discuss:

  • How multimillion-dollar gene therapies and other factors impact claims costs
  • Why you should treat gene therapies the same as other high-dollar claims
  • The most important criteria when selecting a Stop Loss carrier







Stop Loss coverage may be underwritten by HM Life Insurance Company, Pittsburgh, PA; HM Life Insurance Company of New York, New York, NY; or Bridge City Insurance Company, Pittsburgh, PA, under policy form series HMP-SL (08/19), HMP-SL (06/20), or BCICP-SL (06/20) or similar. The coverage requested may not be available in all states and is subject to individual state approval. In Oregon, Bridge City Insurance Company does business as BCIC Insurance Company.