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Self-funded health care

2:44

Reasons to Consider Self-Funding - Understanding Self-Funded Health Care Plans & Stop Loss Insurance

2:07

Insured vs Self-Funded Healthcare Plans

2:41

Reasons to Consider Self-Funding - Understanding Self-Funded Health Care Plans & Stop Loss Insurance

2:59

Advantages and Disadvantages of Self Funded Health Plans | Benefit Bits

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Lower Your Health Care Costs with a Self-Funded Benefit Plan through The Alliance

Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement whereby an employer provides health or disability benefits to employees using the company's own funds. This is different from fully insured plans where the employer contracts an insurance company to cover the employees and dependents. In self-funded health care, the employer assumes the direct risk for payment of the claims for benefits. The terms of eligibility and covered benefits are set forth in a plan document which includes provisions similar to those found in a typical group health insurance policy. Unless exempted, such plans create rights and obligations under the Employee Retirement Income Security Act of 1974 ("ERISA").
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    • Affordable Care Act requirements 

    • Lawsuits and liability