Ep #125: Actuary Explains Stop-Loss | HIT-chat with Nick Allen, Part 2

One of the many reasons a skilled, independent actuary is crucial to your health plan strategy: setting the right individual stop-loss limit.Do you just go with what you did last year? Follow “best practices” blindly? Take whatever a vendor recommends? In this episode, we break down:How to approach stop-loss decisions strategicallyWhy good data is your best friend Common mistakes employers make when self-fundingHow actuaries help you budget accurately & protect your planI was thrilled to have Nick Allen, career actuary and Founder/CEO of Blue Raven, back in the studio for this second half of our 2-part series on why actuaries matter so much in the health plan ecosystem.If you missed Part 1, go back and catch it—then dive into this powerful conclusion!About the Show:The H.I.T. Podcast (Powered by Montage Insurance Solutions): A thought leader in the space, curating the top news and information to deliver a brief, high impact overview designed specifically for the Human Resources professional, business person, and company executive.