A. The Employer Freedom Plan is an ERISA partially self-funded plan with fixed costs and claim account funding dollars. Stop loss is a risk transfer contract that limits the liability (or “stops the loss”) of the healthcare expenses – usually for the employer (plan sponsor).

The SB/A CoOp has established an Aggregate Stop Loss Fund (ASLF) to cover healthcare claims through the purchase of a stop loss contract and/or payment of claims above the employer’s liability.