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Self-funded Health Insurance Plan - How To Discuss

Writer Samuel Coleman

Self-funded Health Insurance Plan,

What is Self-funded Health Insurance Plan?

  1. Health insurance that is funded by the employer and not by the health insurer. Health insurers usually manage these plans, but the employer pays for the claims through funds created for that purpose. See also ASO (Administrative Services Contract only).

Literal Meanings of Self-funded Health Insurance Plan

Self:

Meanings of Self:
  1. People's accessories that set them apart from others are primarily seen as objects of self-awareness or reflex action.

  2. (Print or cover) of the same thing and the same color as the other thing.

  3. Jurgen himself.

Sentences of Self
  1. Our alienation from who we really are

  2. Belt dress

  3. Rotten varieties lose a lot of power in their offspring

Funded:

Meanings of Funded:
  1. Money saving or available for a specific purpose.

  2. Pay for a specific purpose.

Sentences of Funded
  1. Created a fund to coordinate economic investment

  2. The World Bank refused to finance the project

Synonyms of Funded

float, provide capital for, collection, pool, support, finance, subsidize, sponsor, capitalize, endow, put up the money for, be a patron of, reserve, maintain, underwrite, pay for, provide finance for, purse, kitty, back

Health:

Synonyms of Health

good shape, fitness, healthiness, haleness, good trim, physical fitness, good physical condition, fine fettle, good kilter, well-being

Insurance:

Meanings of Insurance:
  1. The methods or contracts used by companies or government agencies provide a guaranteed compensation for certain losses, injuries, illnesses or deaths in return for the payment of premiums.

  2. Something to protect against possible emergencies.

Sentences of Insurance
  1. Meeting the highest standards of personal conduct is the best guarantee against personal problems.

Synonyms of Insurance

protection, indemnification, indemnity, defence, surety, security, safety measure, preventive measure, provision, immunity, safeguard, precaution, cover, shelter, financial protection

Plan:

Synonyms of Plan

agenda, aim, ambition, chalk out, outline, sketch out, goal, idea, line up, make a representation of, intent, prepare, formulate, draw up a plan of, fix up, scheme, plan of action, scenario, method, make a map of

Self-funded Health Insurance Plan,

How To Define Self-funded Health Insurance Plan?

Self-funded Health Insurance Plan definition is: Health insurance is established by the employer and not by the health insurer. These plans are usually managed by a health insurance company, but the employer pays the claim fee through a mechanism set up for this purpose. See also Administrative Services Agreement (ASO).

Literal Meanings of Self-funded Health Insurance Plan

Self:

Meanings of Self:
  1. The basic essence of people that distinguishes them from others is seen primarily as a process of self-knowledge or reflection.

  2. Guided for yourself or for yourself.

Sentences of Self
  1. Our alienation from our true self.

Synonyms of Self

personality, person, character, inner self, psyche, soul, ego, one's heart of hearts, one's innermost feelings, mind, intellect, persona, inner man/woman/person, identity, spirit, oneself

Funded:

Synonyms of Funded

stake, pick up the tab for, provide finance/capital for, foot the bill for, bankroll

Health:

Synonyms of Health

soundness, robustness, vigour, strength, salubrity

Insurance:

Meanings of Insurance:
  1. An agreement in which the company or state guarantees compensation for certain losses, injuries, illnesses or deaths in return for certain premiums.

  2. Something that protects against possible accidents.

Sentences of Insurance
  1. Jacket hanging on the back of the chair, protected from air conditioning

Synonyms of Insurance

backstop, assurance, warranty, (financial) protection, guarantee

Plan:

Meanings of Plan:
  1. Decide and arrange in advance.

Synonyms of Plan

envisage, desire, way, devise, think out, contrive, work out, envision, plat, ruse, expect, tack, cook up, organize, draw up a layout of, map out, concoct, design, aspiration, make a drawing of, wish, intention, hatch