Page 32 - Walden Security
P. 32
Complex Large Claims Management and
Stop Loss
Lockton Stop Loss Specialty Unit
Effective strategies for today’s marketplace
TOP TIER CARRIER AND CLINICAL STRATEGY PREMIUM STABILIZATION PROGRAM
• Individual marketing • Lockton exclusive no new laser/rate cap options
• Cost containment solutions as low as 10%; multiyear rate guarantee
opportunities
• Preferred carrier approach produces top results for
both placement and ongoing service • Clinical consulting at renewal minimizes laser and
rate impact of large claimants
Beneits of Lockton’s specialized stop loss team
• Largest stop loss specialty practice in U.S. • Expanded compliance oversight — minimizes
• Client-speciic strategies employer compliance risk
• Dedicated clinical resources managing high-cost • Improved claims savings opportunities — active
claims and identifying claim savings opportunities outreach to Rx/medical carriers for better delivery
• Proactive claim monitoring and midyear renewal solutions
forecasting • Disclosure risk elimination process management
• Expanded market strategies • Acquisitions/divestiture strategy, build a due
diligence process for run out coverage from
• Contractual enhancements (early lock-in, no lasers acquired population
at renewal, expedited funding, etc.)
• Consistent document analysis (PD, policy, etc.) by
20+ year stop loss specialists
Walden Security — Lockton Employee Beneits Practice Overview 32 Lockton Companies
Stop Loss
Lockton Stop Loss Specialty Unit
Effective strategies for today’s marketplace
TOP TIER CARRIER AND CLINICAL STRATEGY PREMIUM STABILIZATION PROGRAM
• Individual marketing • Lockton exclusive no new laser/rate cap options
• Cost containment solutions as low as 10%; multiyear rate guarantee
opportunities
• Preferred carrier approach produces top results for
both placement and ongoing service • Clinical consulting at renewal minimizes laser and
rate impact of large claimants
Beneits of Lockton’s specialized stop loss team
• Largest stop loss specialty practice in U.S. • Expanded compliance oversight — minimizes
• Client-speciic strategies employer compliance risk
• Dedicated clinical resources managing high-cost • Improved claims savings opportunities — active
claims and identifying claim savings opportunities outreach to Rx/medical carriers for better delivery
• Proactive claim monitoring and midyear renewal solutions
forecasting • Disclosure risk elimination process management
• Expanded market strategies • Acquisitions/divestiture strategy, build a due
diligence process for run out coverage from
• Contractual enhancements (early lock-in, no lasers acquired population
at renewal, expedited funding, etc.)
• Consistent document analysis (PD, policy, etc.) by
20+ year stop loss specialists
Walden Security — Lockton Employee Beneits Practice Overview 32 Lockton Companies
