In Group Insurance, This Contract Is an Arrangement Under Which

question 71

Multiple Choice

In group insurance, this contract is an arrangement under which an insurer or third-party administrator handles record keeping and claim payment functions for employers sponsoring self-insured group insurance plans, who pay 5 to 10 percent of the normal premium for these services.Identify this contract.

• A)Administrative services only contract
• B)Stop-loss contract
• C)Third-party administrators contract
• D)Negotiated administrative contract
• E)Third-party contract of insurance

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