An Employer Self-Funded Health Plan Requires a Low Level of Financial

question 51

True/False

An employer self-funded health plan requires a low level of financial assets.

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Definitions:

Plant Site

The location or real estate used for industrial or manufacturing operations.

Nominal Cost

A term often used to describe a cost that is very small or insignificant in comparison to the overall financial figures involved.

Acquired

The process in which one company obtains a majority stake in or the entirety of another company.

Donation

A gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause.