Which of the Following Is True of Self-Insured Plans

question 59

Multiple Choice

Which of the following is true of self-insured plans?

• A)They are regulated by the Employee Retirement Income Security Act (ERISA).
• B)They use third-party administrators.
• C)They assume the financial risk of providing benefits for employees or members.
• D)They do not abide by state insurance regulations.

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Definitions:

Dislodged

Refers to something being removed or forced out from a fixed position.

Airway

The path that air follows to get into and out of the lungs.

Myocardial Infarction

A medical condition also known as a heart attack, resulting from the blockage of blood flow to the heart muscle.

Heart Attack

A medical emergency involving the blockage of blood flow to the heart muscle, causing tissue damage or death.