SOURCE: Frenkel Benefits
“The largest single Sun Life claim was $7.5 million and the largest injectable drug claim was $1.8 million. Injectable drugs account for 9.2% of the total cost of large cost claims.
Cancer claims continue to dominate with almost 27% of claims paid. In 2018, 85% of policies have had some reimbursement, with 51.9% of employers submitting at least one cancer claim.”
Recent Trends in Stop Loss Claims
