The purchase of insurance coverage from a third party in the event of unexpected financial loss to the plan or provider, maybe individual or aggregate and usually both. In the event of a catastrophic claim, stop-loss limits the exposure for both the insurer and the purchaser.
An annual limit on how much in deductibles and copayments the patient has to pay. Also called a "cap" or "out-of-pocket cap." If there is no stop-loss coverage under primary coverage, separate stop-loss insurance may be purchased to protect against an overly large single claim or excessively high aggregate claims during a given period of time. Large employers who self-insure may also purchase "reinsurance" for stop-loss purposes.
Also called Excess Coverage Insurance. A contract between a self-funded plan and an insurance company that if claims exceed a specified dollar amount during a set period of time, the insurance company will reimburse the self-funded plan for the excess amount.
A system whereby a punter sets a pre-determined level for the maximum loss he is prepared to accept before closing his position. Spread Betting firms sometimes put a limit on the maximum make-up of an event. For instance, 72 hole match bets normally have a 25 shot stop-loss applied because the winning margin of one player over another can be significant.
a limit on out-of-pocket expenses
an entry order linked to a specific position for the purpose of stopping the position from accruing additional losses
an order linked to a specific position for the purpose of closing that position and preventing the position from accruing additional losses
a predetermined level at which a trade will close that is designed primarily to stop the losses on a failed trade
a predetermined loss that you are prepared to take on any share
Your total out-of-pocket expense for health insurance. Once reached, insurance will pay 100 percent.
The point at which an individual has reached their maximum out-of-pocket limit of their plan. This is when the insurance company begins to pay eligible expenses at 100%.
The maximum amount under traditional insurance that benefits are calculated on a proportional basis. After the stop loss is met, coverage is paid at 100
This is the lowest price at which to sell a security to prevent further losses.
A client’s order left with a dealer to liquidate a potentially loss making position should the price break through a specified level. Executed to prevent further financial losses.
the dollar amount of claims filed for eligible expenses at which the insurance begins to pay at 100% per insured individual. Stop-loss is reached when an insured individual has paid the deductible and reached the out-of-pocket maximum amount of co-insurance.
A type of high-dollar insurance that a payor buys to "stop" or "cap" the financial loss from unexpectedly high medical claims. "Specific Level" and "Aggregate Level" are components of Stop-Loss.
The additional insurance a self-funded group may purchase to limit the total amount it must pay for health care claims in a given year as protection against unanticipated high costs due to catastrophic illness or accidents.
An order to sell a security if it drops below the current market price.
A stop-loss order specifies that a trade should be closed at a specific rate. For example you may have a sum of euros to convert to sterling and may place an order to sell at a desired rate and palce a stop loss as well so that the rate gets no less favourable. in other words you would place a 'best' and 'worse' exchange rate.
a) A position closing order left with the broker that necessitates automatic execution once the criteria of the order are met. Also called a stop-loss order. b) The price at which automatic execution of a stop-loss order is triggered.
The point at which you've paid 100 percent of your out-of-pocket eligible expenses and at which the insurance begins to pay eligible expenses at 100%. Stop-loss is reached when an insured individual has paid the deductible and reached the out-of-pocket maximum amount of co-insurance.
An order placed with a broker to sell a security when it reaches a certain price. It is designed to limit an investor\'s loss on a security position. This is sometimes called a \"stop-market order\". In other words, setting a stop-loss order for 5% below the price you paid for the stock would limit your loss to 5%.