Symetra Enhances Stop Loss Coverage for Employers with Symetra Compliance Solutions

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Symetra Enhances Stop Loss Coverage for Employers with Symetra Compliance Solutions


BELLEVUE, Wash.–(BUSINESS WIRE)–Symetra®Life Insurance Company, a medical stop loss pioneer
and leading carrier for more than 40 years, has introduced a new
addition to its stop loss coverage — Symetra Compliance Solutions,
provided by Enquiron®. Designed to help employers that
self-fund their employee medical plans navigate a dynamic and complex
health care landscape, Symetra Compliance Solutions offers any Symetra
stop loss policyholder access to a range of complimentary online
services, from regulatory updates to on-demand training and tools.

“Today’s benefits landscape is a challenge for employer groups that self
fund their health care — rising costs, regulatory changes, and all the
questions that come with them. Our vision is to help self-funded
employers better understand and control their health care costs, and we
saw an opportunity to add genuine value through Symetra Compliance
Solutions,” said Jeremy Freestone, senior vice president, stop loss.
“Teaming up with Enquiron allows us to offer employers additional
solutions at a time when they need them most.”

Stop loss policyholders may access Symetra Compliance Solutions directly
or by logging into GO,
Symetra’s convenient, secure online administration tool. Once logged in,
clients can:

  • Connect with ERISA attorneys for advice and answers to specific
    regulatory and compliance questions related to their health plans.
  • Access educational webinars, resources and tools.
  • Complete a compliance assessment to identify areas of risk followed by
    a discussion facilitated by an ERISA attorney.
  • Use a compliance risk tool and annual calendar to document required
    tasks.

Medical stop loss insurance protects companies that self-fund their
health insurance plans against large or catastrophic claims. Employers
with Specific stop loss insurance are reimbursed for individual
employees’ medical costs above a certain pre-determined dollar amount.
Aggregate stop loss insurance protects against unexpectedly large
amounts of total medical claims.

About Symetra

Symetra Life Insurance Company is a subsidiary of Symetra Financial
Corporation, a diversified financial services company based in Bellevue,
Washington. In business since 1957, Symetra provides employee benefits,
annuities and life insurance through a national network of benefit
consultants, financial institutions, and independent agents and
advisors. For more information, visit www.symetra.com.

About Enquiron

Since 1996, Enquiron
has revolutionized the way that services impacting HR, employment law,
health care, retirement, cybersecurity and more are delivered to, and
utilized by, employers. Enquiron has locations across the United States
and is a trusted partner to organizations who need specific answers to
specific questions.

Symetra Compliance Solutions is provided by Enquiron®through
Symetra and may not be available in all states. Symetra assumes no
responsibility or liability for any resources or content provided by
Enquiron®. Enquiron®is not affiliated with
Symetra Financial Corporation or its affiliates. © 2018 Enquiron. All
rights reserved.

Symetra®is a registered service mark of Symetra Life
Insurance Company.

SYC-1110 01/19

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