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What is Aggregate Stop-Loss Insurance?


 
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Health Care Reform - Innovative Solution to Medical Monopolies

Feb 16, 2010 – Over the past year, The Obama administration’s push for health insurance reform has used insurance companies as the scapegoat. Insurance companies have been part of the problem for sure. They have stymied competition by “cutting deals with providers” to pay exorbitant charges for services. Collusion between insurance companies and hospitals was highlighted in a Boston Globe investigative article a short time ago. It works like this: The CEO of Blue Cross Blue Shield got together w...

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Patriot Ledger - U.S. Health Options article

Medical costs are skyrocketing. In response, the federal government is debating a dramatic overhaul to the country’s health care system.

But one Quincy-based insurance underwriter thinks Congress has it all wrong. William McKelvey of Hingham claims he’s found a better way to lower costs and improve care.

Read the full article here

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Risk-Dec-2008

CEO Featured in Risk & Insurance Magazine

William McKelvey, president of AMF Risk Management Solutions, has the sense that the U.S. healthcare system will not improve until foreign competition comes in. AMF is an underwriter of group medical stop-loss insurance but is also in the process of launching a health plan option for employers that features international medical travel. Read the full article ...

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AMF welcomes new team member, Jordan Desrosier

PRLog (Press Release) – Sep 24, 2009 – Jordan Desrosier, a local Quincy resident was recently hired by AMF Risk Management Solutions in order to stimulate direct marketing efforts to Massachusetts employer groups. AMF looks forward to further growth of business with the addition of Jordan's skills and personality in sales and marketing.

Prior to joining AMF Risk Management Solutions, Jordan worked for a variety of marketing companies specializing in the Trade Show and A/V equip...

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Specific Stop-Loss insurance covers individuals just like a high deductible plan. Aggregate stop-loss covers the entire group for an amount under the specific limit. As an example: a group with 25 employees with a $5,000 deductible would have $125,000 worth of exposure if all employees filed a maximum claim amount. The aggregate policy can limit this risk to something more manageable like $50,000.

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