What is the purpose of stop-loss insurance that is used with self-insu

What is the purpose of stop-loss insurance that is used with self-insured group medical expense plans?

A) to require employees to buy insurance for losses in excess of some specified amount
B) to have a commercial insurer pay claims that exceed a specified limit
C) to obtain administrative services from a commercial insurer
D) to exempt self-insured plans from state insurance laws that require mandated benefits

ANSWER

Answer: B