Many Self-Insured Groups Hire a Specific Type of Organization to Manage

question 21

Multiple Choice

Many self-insured groups hire a specific type of organization to manage and pay claims called:

• A) third-party administrators (TPAs).
• B) administrative services organizations (ASOs).
• C) employee retirement services administrators (ERSAs).
• D) both a and b

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Definitions:

Racial

Pertaining to race, it involves the categorization of individuals based on physical characteristics, ancestry, historical affiliation, or shared culture.

Self-Esteem

The subjective evaluation of one's own worth or abilities.

Cooperation

The process of groups or individuals working together towards a common goal, often enhancing efficiency and outcomes.

Engage

To participate actively or become involved in a particular activity, cause, or situation.