Voya Health Solutions* Expands Stop Loss Presence in The Mid-market

MyHealthGuide Source: Voya Health Solutions*, 7/5/2022

Voya Health Solutions* is pleased to announce their continued expansion into the mid-market beginning with quoting on July 1, 2022.

This includes groups of 150-500 lives, featuring:

  • Enhanced aggregate and individual excess risk discounts
  • Repricing of Reference Based Pricing Vendor discounts
  • Enhanced step-down deductible standards for groups under 500 lives
  • Enhanced Specific Advanced Funding for TPA administered business
  • Monthly aggregate accommodation available

“As a growing number of middle market customers are looking for ways to mitigate risk and control health care spend more than ever, we have expanded our capabilities to serve an extended customer base,” said Ben Dewar, vice president of Group Underwriting, Voya Financial®.

“Our sales representatives are excited to introduce the Stop Loss expansion to the mid-market to all of our producer relationships,” said Bill Barrera, vice president of Stop Loss Distribution & Strategic Relationships, Voya Financial®. “Producers will continue to work directly with their assigned sales reps who have a strong knowledge of not just self-funding, but other products, as well. This includes group life, disability, leave management, supplemental health insurance and our Health Account Solutions portfolio.”

Please contact your sales representative for more information.

About Voya

For more than 90 years, Voya has offered group benefits that help employees prepare for unexpected life events. We offer a comprehensive and highly flexible portfolio of stop loss, life, disability, voluntary insurance products, and health savings and spending accounts to businesses covering over 6.6 million individuals through the workplace.  Visit voya.com

*Also referred to as Voya Employee Benefits

Excess Risk Insurance products are issued by ReliaStar Life Insurance Company (Minneapolis, MN) and ReliaStar Life Insurance Company of New York (Woodbury, NY). Within the State of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. Both are members of the Voya® family of companies. Product availability and specific provisions may vary by state.

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