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Big medical claims are on the rise and they’re hitting employers with self-funded insurance plans hard. A new reportfrom Sun Life Financial finds that between 2014-17, stop-loss claims that were over $1 million rose 87 percent.
The number of patients with claims that exceeded $1 million rose from 104 to 194 during the four-year time period. The total spending on such claims grew to $935 million.
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