Business and Group Solutions
Stop-Loss
Why Purchase Viator™ Stop-Loss Health Insurance?
Self-funding may appear risky at first glance. However, Viator Stop-Loss Insurance provides a means for employers to limit the possibility of excessive liabilities associated with large and/or unexpected health and drug benefits claims.
Our Stop-Loss plan gives employers the option to safely self-insure extended health and drug benefits while reducing benefit costs for predictable claims experience. This limits their financial exposure by ensuring that, at a pre-determined threshold, the financial risks associated with self-funding are transferred to the insurer. As a result, premiums are paid solely for the insured portion, reducing their overall insurance cost.
Who is eligible?
Canadian employers/groups with Canadian employees/members who are:
- Under age 70
- Insured under a Canadian government health insurance plan
- Covered under a basic group extended healthcare plan
Plans Offered
Individual Stop-Loss
- Annual Review
- Initial Review
- Inception Review
Aggregate Stop-Loss
Plan Features
- Aggregate limit of $1,000,000 per policy period
- Drug & extended health stop-loss and drug only stop-loss options
- Varying stop-loss levels
- Minimum group size of 25 primary lives
Advantages
- Stop-loss health insurance designed to suit your needs
- Cost-effective products and services
For more information about this product, please contact your insurance professional or complete our webform.
