Tokio Marine HCC – Stop Loss Group (TMHCC) is excited to announce that we are expanding the filing notice for simultaneous funding reimbursement requests after the expiration of a policy from 7 to 10 calendar days. A completed simultaneous funding form is required for each simultaneous funding request and should be in an amount equal to or greater than $500.

Simultaneous funding provides cash-flow assistance when groups have difficulty paying catastrophic expenses. This value-added service allows the administrator to adjudicate catastrophic expenses in excess of the specific deductible while requesting TMHCC to “simultaneously” process a reimbursement for the excess expenses. Simultaneous funding is available any time while the policy is in force, and now up to 10 days after the policy term has expired.