4 Major Stop Loss Trends for 2023 - My Analysis of the Tokio Marine HCC Market Report
Stop Loss with Spencer is back!
Below is the first video produced on the new Vibe S1 Smart Board.
In this video, I review Tokio Marine HCC's "2023 Annual Market Report", and provide my 4 main takeaways.
After you watch, here are the things to consider doing in response:
1. š Buy stop loss with a perpetual NNL and Rate Cap - hello #paretohealth
2. ā Raise your spec deductible every 1-2 years in very small increments
3. š¤ Use a PBM that leverages alt. sourcing, PAP, & lowest net cost - I can recommend a few
4. š© Message me to discuss why captives work so well for SMB's
For anyone interested, here is a link to the full report - https://lnkd.in/g6D8d4gX
Full Stop Loss with Spencer Playlist here - https://www.youtube.com/playlist?list=PLzLNsc5O2o_trguRw75rjP0S0fJqmcuAu
Chapters:
0:00 Growth in $1M Claims
1:06 The Problem with holding your Spec Deductible
2:11 Emerging Gene Therapy Drugs
3:25. Captive Growth
#training #stoploss #hcc #pbm #captiveinsurance #captives #video
