Episode 6. Stop Loss Aggregating Specific Deductibles

Stop Loss Aggregating Specific Deductibles are one of my favorite ways to lower fixed costs! Also know as Aggregating Specs or Agg Spec Deductibles, these are a great way to reduce your premium in exchange for an equal amount of claims risk.

Hope you enjoy!

[annmariecho]

Spencer you are a man after my nerdy stop loss underwriter heart! Great explanation of agg specs and they are fun!!

[coachmo]

Finally...they're fun! You really know how to party, Spencer.

[Phoenixlight]

I’ve been in employee benefits and wellbeing for 15 years and your videos are the first that really explains these concepts well! It is not an easy task so thank you 😊

[pattipilot]

Great video! Thanks for sharing your knowledge and humor

[ericavrumson]

Hey Spencer, really enjoyed the video! I see where you have a client with ok stop loss experience where they had/have some activity over the spec. However, does agg spec work when you are looking at larger losses (high renewal increases). Seems like the answer is no if they expect continuing high cost claims. But all ears here!

[Turkeysandwich]

Spencer, great video. Agg Specs seem to be a great option to consider for employers. My question, is, why would a carrier offer an Agg-Spec? What's in it for them? Thanks!

[jinatrahana]

Could you please when we will use this type of AGG- SPEC..