Define Self Insured Companies

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Define Self Insured Companies – This is a place for the community to provide tips and advice on Define Self Insured Companies. This topic was created by Luis Beires and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Fully-Insured vs. Self-Insured (Self-Funded) Health Plans

Published: 9 years, 5 month(s) ago | Submitted by Christian Olivieri | permalink

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]

Tip 2 - Self-insure Definition | Investopedia

Published: 9 years, 5 month(s) ago | Submitted by Paula St Cyr | permalink

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]