Direct answer
The primary risk is the potential for unpredictable and high-cost medical claims that can exceed the company’s cash reserves. This risk depends heavily on the size of the employee group and the business’s ability to purchase stop-loss insurance to cap their financial exposure.
Department of Labor compliance reports regarding Employee Retirement Income Security Act (ERISA) fiduciary responsibilities.
What this means for you
The primary risk is the potential for unpredictable and high-cost medical claims that can exceed the company’s cash reserves. This risk depends heavily on the size of the employee group and the business’s ability to purchase stop-loss insurance to cap their financial exposure.
ARMFOX HEALTHCARE
Protecting Your Future with Confidence
No pressure. No jargon. Just honest answers from advisors who genuinely care about your family’s protection.
This page is informational and not a coverage guarantee or quote.