Why Choose Novo Connection?
You're not only saving time by using Novo Connection, but you'll also be saving real dollars!
Our pre-negotiated vendor rates will offer substantial savings on everything from stop-loss to customized program point solutions.
The Novo Connection platform provides an easy way for advisors to model various self-funding strategies, understand a group's risk, customize plan designs and plan components and secure competitive stop-loss coverage to match the plan designs.
We take the guesswork out of shopping for program components. All of our vendors have been fully-vetted by a team of industry experts to ensure that you are getting the best quality and service possible.
Stop-Loss Powered by Smart Technology
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Applying smart technology to every facet of the healthcare industry
Stop Loss insurance provides self-funded employers with protection against catastrophic or unpredicted losses. This coverage insures employer groups and comes in two forms – Specific and Aggregate.
Specific coverage supplies protection against abnormally high claims on an individual, while Aggregate coverage protects the employer from claim expenses that go above a predetermined dollar amount during the contract period across the entire population.