Define Self Insured Companies

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Fully-Insured vs. Self-Insured (Self-Funded) Health Plans More
Published: 9 years, 4 month(s) ago by Christian Olivieri | permalink
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Fully-Insured vs. Self-Insured Health Plans. A look at the definitions, and differences, of a fully-insured health plan and self-insured (self-funded) health plan.

For further reading: http://www.zanebenefits.com/blog/fully-insured-vs-self-insured-self-funded-health-plans ^[1]

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Self-insure Definition | Investopedia More
Published: 9 years, 4 month(s) ago by Paula St Cyr | permalink
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A method of managing risk by setting aside a pool of money to be used if an unexpected loss occurs. Theoretically, one can self-insure against any type of loss. However, in practice, most people choose to buy insurance against potentially large, infrequent losses.
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For further reading: http://www.investopedia.com/terms/s/self-insure.asp ^[2]