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Board declines purchase of external stop-loss reinsurance after Aon analysis

Health Service Board · March 8, 2018
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Summary

Acting on Aon’s recommendation, the Health Service Board voted unanimously to forgo buying external stop-loss (reinsurance) for SFHSS self-funded and flex-funded plans, citing contingency reserves, plan stabilization policy and Blue Shield pooling.

The San Francisco Health Service Board voted on March 8 to follow its actuary’s recommendation not to purchase external stop-loss reinsurance for the system’s self-funded and flex-funded health plans.

Mike Clark of Aon explained that SFHSS’s contingency reserve policy (maintained at a confidence interval and audited externally), the plan-stabilization policy that permits amortization of prior-year…

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