HCP National Announces Placement of MEWA Stop Loss Insurance

Today, William Dyer, Vice President and cofounder of HCP National, announced that his company placed MEWA Stop Loss for one of the best known MEWA’s in America. MEWA’s, or Multiple Employer Welfare Arrangements, are where a group of employers pool their contributions into a self-contributing benefits plan for their employees. Similar to a self-insured employer, they have a TPA and purchase specific and aggregate insurance to limit their risk.

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Quote startThere are few brokerages with our depth in the stop loss and reinsurance arena since we have been concentrating in this area for nearly two decades.Quote end

Aliso Viejo, CA (PRWEB) August 09, 2012

William Dyer, Vice President and Stop Loss and MEWA Stop Loss expert, stated, “there are few brokerages with our depth in the stop loss and reinsurance arena since we have been concentrating in this area for nearly two decades. The MEWA client that we recently obtained had never used a broker in its 30 year history. The client hired us as their MEWA stop loss broker because we were able to obtain superior rates and better terms in comparison to what they had achieved on their own."

Aside from working with established MEWA’s, Dyer said, “we also work with startup MEWA’s. Startups have a big challenge obtaining stop loss coverage, which makes sense because they have no claims experience, so the stop loss terms provide little protection. We can assist the startup MEWA Stop Loss client who may need underwriting, actuarial, compliance, business planning, policy issuance, or comprehensive MEWA Stop Loss insurance. MEWA’s are a very effective option for associations with member businesses, especially where there are few options for health insurance and no managed care. The MEWA is basically akin to a small mutual insurer.”

HCP National is active in placing MEWA Stop Loss, and has 12 superior rated reinsurers that will meet the needs of MEWA’s. HCP National has been placing reinsurance, managed care reinsurance, provider stop loss, and employer stop loss for nearly two decades.

HCP National has offices in Aliso Viejo and Riverside, CA, and New York, NY. In addition to MEWA Stop Loss, HCP National also places medical malpractice insurance in CA, malpractice in CO, malpractice in NY, and malpractice in AZ.


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