Speciality Excess
Stratis Risk is proud to be able to offer our Health Maintenance Organization (HMO) clients with Specialty Excess insurance that provides hard to cover, high-dollar catastrophic healthcare claims. These unpredictable kinds of claims can have a huge impact on an organization’s bottom line and financial stability. One of the ways we are able to help is through bundled payment contracts that help hospitals implement cost-saving strategies that reduce overall costs across all patients. For example, this may mean working to reduce excess patient days in the ICU, helping patients avoid being readmitted, or taking special precautions to avoid infections or complications that result in more care – and additional cost.
Considerations When Purchasing Specialty Excess Insurance
- Would a large claim have a negative effect on your brand and image?
- Would a large claim have a negative effect on your brand and image?
- Do you operate in multiple geographic regions?
- Have you had large claims before and need additional protection?
- Are you thinking of growing your organization either by acquisition or new investments?