self-insured


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self-insured

self-insured

adjective Referring to the practice of carrying an individual health insurance policy for oneself; self-insurance is typically more expensive than group insurance.

self-insured

Self fund Health insurance adjective Referring to the practice of carrying an individual health insurance policy for oneself; self insurance is usually more expensive than group insurance

self-insured

Having personal financial responsibility for health care costs, as a result of dedicated savings or investments.
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Combining our claims processing expertise together with WSIA's advocacy roots, opens new doors for self-insured employers to easily get access to the tools and answers needed to take control of hearing loss claims as well as their overall expenditures," said Pete Stephens, President of MEDPlus Health Solutions.
Massachusetts, the only state to have enacted reform similar to PPACA, has seen an increase in workers in self-insured plans among all firm sizes, except among workers in firms with fewer than 50 employees, EBRI notes.
And the brutal truth is that so are the businesses that formed the self-insured groups in the first place, under the dictates of New York statutes.
Self-insured groups are designed to provide the benefits of self-insured companies to like organizations without the size or ability to self-insure on their own.
Rate regulation will not help these struggling self-insured employers or those covered by the state's own nonprofit fund.
We are in the midst of another era of unlicensed and unauthorized health insurance companies springing up around the country selling so-called self-insured products.
In 2008, Phillips Lytle LLP and Patterson Belknap Webb & Tyler LLP filed a set of actions on behalf of the 13 self-insured groups in New York State Supreme Court to challenge the authority of the New York State Workers' Compensation Board to levy the assessments pursuant to the Workers' Compensation Law.
Considering the highly public legal and financial investigations and failures of, among others; AIG, Marsh, Reliance, Legion, why haven't you indicted the entire insurance industry as you have done self-insured funds?
The Aggregate Disability Stop-Loss Plan protects self-insured employers by paying claims that exceed a predetermined ceiling.
Only the 40 percent that are self-insured are exempt to some extent from state health insurance regulations.
In some cases, this increased risk may mean that it's no longer financially sound for the company to maintain large self-insured retentions.