Did you know that kidney disease is in the top three catastrophic claims conditions? According to the Sun Life Catastrophic Claims Report, chronic kidney disease/end-stage renal disease accounts for 7.8% of total paid stop-loss claims. Only malignant neoplasm (cancer) and leukemia/lymphoma/multiple myeloma (cancers) account for more stop-loss claims.
Stop-Loss insurance mitigates the risk of self-funding a health plan and reimburses eligible catastrophic claims after the stop-loss deductible is met. These claims are referred to as stop-loss claims.
Download the report or see the infographic below for more information about the top catastrophic claims.
Used with permission from Sun Life