Make self-funding more managable and affordable.
Taft-Hartley plans face a unique set of circumstances with some of the Affordable Care Act's (ACA) requirements. With the law's mandate to remove plan coverage limits, many face the challenge of maintaining quality coverage, benefit selections and access to service providers for their plan members.
With over 90 years of experience protecting Taft-Hartley plans, Union Labor Life's team of experts are dedicated to tailoring stop loss insurance arrangements that comply with ACA requirements, and offer broader coverage options and access to some of today's leading professionals in the medical cost containment industry.
Standard coverage benefits include:
Standard policy features include:
Value-added services to help contain costs:
From helping plans properly negotiate service fees with network providers and third-party administrators, to assisting in identifying potentially fraudulent billing practices and abuses, Union Labor Life works in partnership with policyholders to help them achieve the level of control they need to manage large claim costs, maximize benefits and optimize plan performance. Types of cost containment programs available to policyholders include:
Learn more on how our large claim experts help plans contain costs to help them maximize benefits for plan members.
Union Labor Life's Group Stop Loss Programs:
We continue to respond to the changing healthcare marketplace as provisions and mandates of healthcare legislations are adopted, revised or repealed. We offer standard unlimited lifetime maximum coverage and optional annual maximums, which may include unlimited coverage per person for each policy year. In addition, we offer several purchasing options from which to choose (These options are only available on policies written and issued by The Union Labor Life Insurance Company.):
For information and resources on the Affordable Care Act and its impact on Taft-Hartley plans, visit: ullico.com/reform-resource.
The Union Labor Life Stop Loss program offers The Union Labor Life Insurance Company policies in all 50 states and the District of Columbia. The Union Labor Life, also offers plans underwritten by Fidelity Security Life Insurance Company Policies No. SE5F and SE4E and Policy Forms No. M-8009 and M-8004 (Washington only) in 49 states and Fidelity Security Life Insurance Company of New York offers Policy No. ELN-1 and Policy Form No. MN-13 in New York.
Policies may have exclusions and limitations, and terms under which the policy can be continued in force or discontinued. For costs and complete details on coverage, please contact The Union Labor Life Insurance Company.
The Union Labor Life Insurance Company's solid financial position was upgraded with an A- (Excellent) rating and "Stable" Outlook as of 7/18/2019, and Fidelity Security Life Insurance Company has been rated A (Excellent), based on an analysis of financial position and operating performance by A. M. Best Company, an independent analyst of the insurance industry. For the latest rating, access www.ambest.com.
Form number: ULL-GRPMDSTLSS-1218
A.M. Best rates the financial strength of insurance companies and gives an indication of how that company may be expected to perform in the future.
The Union Labor Life Insurance Company's solid financial position was upgraded by A.M. Best Company with an A- (Excellent) "Stable" Outlook rating as of 7/18/2019."