As a labor-owned insurance company, Union Labor Life understands the unique needs of union self-funded plans. When stop-loss insurance coverage is purchased from Union Labor Life, health and welfare plans have access to experts in handling large-dollar claims and providing cost-containment services. With long-standing expertise and experience in serving Labor’s specific insurance needs, Union Labor Life assists in the management of the primary cost drivers of union health and welfare plans and helps protect plan assets. Union Labor Life is experienced, flexible, and equipped to provide innovative solutions to address today’s issues faced by union self-funded plans.
The Union Labor Life Insurance Company (Union Labor Life) works in collaboration with cost-containment partners to examine bills for undocumented or erroneous charges. Under its Stop Loss program, Union Labor Life has reimbursed health and welfare funds millions of dollars over the years, including nearly $190 million from 2013 through 2015.