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Exam term

Self-insured plan

A funding arrangement in which the employer pays claims from its own assets or a trust and bears the risk. It gains cash flow and freedom from state mandates through ERISA preemption but risks a large claim year.

Lessons that use this term

  • Group health insurance and COBRA Florida
  • ERISA, FMLA, nondiscrimination rules, and group plan funding: fully insured, self-insured, stop-loss, and ASO New York

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