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Grow in the Know / Wisconsin / What is ‘Self-Funded Insurance’?

What is ‘Self-Funded Insurance’?

Self Funded Insurance

 

When an employer assumes the responsibility of financing a health insurance plan. Instead of paying premiums to an insurance carrier like in a traditional, fully-insured plan, employers pay for claims as they occur.

To translate more health insurance jargon into plain language, visit our online dictionary.

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