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Why are Self-Insured Retention ( SIR) requirements so high?

April 26, 2017high requirements retention self-insured sir

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Why are Self-Insured Retention ( SIR) requirements so high?

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Inflation is the culprit here; cost of care including medications. Major breakthroughs in medical science and new treatments that can give an employee a better quality of life and in many cases, extend life. All of which can increase the size of the claim.