What Is Stop Loss Insurance, and Does Your Business Need It?
Fundera
AUGUST 2, 2019
According to the Bureau of Labor Statistics, the total cost of employee benefits for small businesses with fewer than 50 employees rose by nearly 40% between 2004 and 2019. . This $50,000 limit is called your individual stop loss deductible. And California prohibits individual stop loss deductibles below $40,000.
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