Protects against catastrophic claims above the Specific deductible.
- Specific deductibles: Start at $25,000
- Aggregating Specific: Available
- Prescription drug and terminal coverages: Available
- Unlimited specific annual and lifetime benefits: Available
Aggregate Coverage: Protects a self-funded plan in the event that actual claims for a group exceed planned, budgeted claims.
- Flexible attachment points: 125% is standard; others may be available
- Prescription drug and terminal coverages: Available
- Maximum coverage: Up to $10 million may be considered upon request
THE SYMETRA ADVANTAGE
Outstanding claims support
Our staff is experienced in both ASO and TPA filings.
We have a well-earned reputation for fast and fair claims practices. Most claims are processed in less than five business days of receipt.
Technical Referral Assistance is our unique program designed to help determine — in advance — how a claim will be reimbursed under a Symetra stop loss policy.
Registered nurse professionals work with cost-containment vendors and Centers of Excellence to negotiate the best possible price — without sacrificing the quality of care.
National recognition
Our stop loss policies are recognized throughout the industry as being thorough and user-friendly.
A.M. Best rates Symetra: A: “Excellent” (third highest of 16)1
Fairness and partnership
We won’t terminate or non-renew stop loss policyholders because of poor claims experience.
Our stop loss policy doesn’t include internal limits that may conflict with an employer’s plan document.
A range of benefits
Group life coverage, short-term and long-term disability income plans—and a variety of optional products that employers can choose — are also available. And we offer limited benefit medical polices that cater to the needs of part-time and temporary employees.
Symetra Stop Loss, filed as the Group Excess Loss policy, is insured by Symetra Life Insurance Company located at 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004 and is available in all U.S. states; however, it is not available in any U.S. territory. Our New York subsidiary insures products for New York residents.
1 Symetra Life Insurance Company financial rating as of Oct. 28, 2011.