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As the situation in Ukraine evolves, businesses should be mindful of potential risks to their people, assets, operations, or supply chains in the region and globally. Marsh, as part of the Marsh McLennan family of companies, has created a page with information, tools, and resources related to the Russia-Ukraine conflict. Please visit the page for the latest information.

June 24, 2024

MMA - Upper Midwest stop loss benchmarking report

This industry-leading report was created to provide you with a level of benchmarking not previously available in the stop-loss market. MMA compiled data from 276 self-funded employers and 211,040 covered employees located in North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa, Missouri, Michigan, Wisconsin and Illinois. As a result, we are able to accurately provide benchmark deductible levels and premiums for employers based on their size, industry, risk tolerance and geographic location.

At MMA, we know that making decisions about one of the biggest expense items in an employer’s budget should not come without a certain level of research and financial peace of mind. Paired with our proprietary analytical tools and industry expertise, we are able to assist fully-insured employers with determining when it is financially and strategically appropriate to consider self-funding. For those employers that are currently self-funded or considering the option, this report can help guide decisions on purchasing an adequate level of stop-loss coverage at a competitive price.

Read the report here.

For questions or assistance, please reach out to your local Employee Health & Benefits MMA Consultant.

Check out our previous years reports below: