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Insurance companies themselves, as well as self-insuring employers, purchase stop-loss coverage for a premium to protect themselves. [1] In the case of a participant reaching more than the specific (or "individual") stop-loss deductible ($300,000, for example), the insurer will reimburse the insured (the company, not the participant) for the remainder of the claim to be paid over that ...
Stop-loss may refer to: Stop-loss insurance, an insurance policy that goes into effect after a set amount is paid in claims; Stop-loss order, stock or commodity market order to close a position if/when losses reach a threshold; Stop-loss policy, US military requirement for soldiers to remain in service beyond their normal discharge date
Stop-loss was created by the United States Congress after the Vietnam War. Its use is founded on Title 10, United States Code, Section 12305(a) which states in part: "... the President may suspend any provision of law relating to promotion, retirement, or separation applicable to any member of the armed forces who the President determines is essential to the national security of the United ...
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And Trustmark Life Insurance Company insures the fully insured plans and provides stop-loss insurance for the selffunded plans. [ 11 ] HealthFitness offers comprehensive fitness and wellness management solutions targeted to midsize and larger employers (including Fortune 500 companies), hospitals, universities and communities.
The company is headquartered in Hanoi and has 49 branches most of Vietnam's provinces. PJICO is the fourth largest insurance provider in Vietnam, and it is the third largest non-life insurer. [ 1 ] It had a share of around 10% in the insurance market (excluding life insurance) in 2011, making it fourth after Bao Viet Insurance , PetroVietnam ...
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Bao Viet Life (100%) was separated from Bao Viet Insurance in 2004. Bao Viet has been offering life insurances since 1996. [7] 2012 revenues were 7,090bn VND ($340m) and profits 688bn ($33m). [6] According to the Ministry of Finance, it is the leading life insurer in Vietnam with a market share of 23.9% in 2012. [6] Bao Viet Fund (BVF) (100% ...
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