BCS Insurance Company
The BCS Insurance Company respectfully submits an initial rate filing for Medical Stop Loss Coverage. This coverage is exclusively marketed to Self-Funded Employer Groups. The supporting actuarial memorandum provides the justification for the rates and rating factors included in the attached manual.
This filing includes the following:
1) Actuarial Memorandum, 29.250 et al
2) CW Stop Loss Rating Manual
As noted by the Self-Funded Health Plan TOI; it is specifically designed for self-funded employer groups. The policy coverage is intended to reimburse employers for medical costs incurred by an employer-sponsored plans that exceeds the stated Specific or Aggregate attachment points of the stop loss policy. This rate manual filing corresponds with a multi-form filing under SERFF# BCSF-BCSF-129353171 that is currently withdrawn/closed subject to be re-opened upon approval of this submission.