Purchase of an Administrative Services Only (ASO) Contract and Stop-Loss

question 32

True/False

Purchase of an administrative services only (ASO) contract and stop-loss insurance gives the employer the potential cash flow and expense advantage of self-funding, while reducing the employer's administrative burden and potential for catastrophic risk.

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Definitions:

File Folders

Office supplies used to hold papers together, typically made of thick paper or plastic, designed for organizing documents.

Defence Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety or guilt by denying or distorting reality.

Identification

A psychological process whereby the subject assimilates an aspect, property, or attribute of the other and is transformed, wholly or partially, by the model the other provides.

European Sports Car

Refers to high-performance and often luxury vehicles designed and manufactured in Europe, known for their speed, handling, and elegance.