Posted inHealth + Wellness
Strategies for Healthcare Providers to Manage Rising Excess Loss Coverage Costs
Key Takeaways: Healthcare providers are facing escalating excess loss coverage costs due to factors like increased claim severity and higher medical expenses. Implementing self-insurance models, such as captive insurance, can offer more control over coverage and costs. Utilizing predictive analytics and AI can help identify high-cost claimants and manage risks proactively. Collaborating with other organizations through group captives can spread risk and reduce individual exposure. Regularly reviewing and adjusting coverage limits and deductibles can align…
















