Fidelity Provides Stop Loss Coverage for City Health Plan

INSURANCE

Stop loss coverage in effect for FY 2023–2024 and FY 2024–2025 with a $200,000 specific self-insured retention per member; 12/12 and then 15/12 contract structures referenced

The City increased its self-insured retention from $175,000 to $200,000 at the last renewal to secure better stop loss rates; the stop loss contract has moved from a 12/12 to a 15/12 structure to manage run-out risk after the carrier change.

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