Which of the following group health plans allows employers to reduce business costs by paying for employees’ medical expenses instead of paying premiums for insurance coverage?

Insurance

Are you having trouble answering the question “Which of the following group health plans allows employers to reduce business costs by paying for employees’ medical expenses instead of paying premiums for insurance coverage?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

Which of the following group health plans allows employers to reduce business costs by paying for employees’ medical expenses instead of paying premiums for insurance coverage?

A) Modified fully insured plan.

B) Partially self-funded plan.

C) Conventional fully insured plan.

D) Fully self-administered plan.

Answer: D) Fully self-administered plan.

You should now have gotten the answer to your question “Which of the following group health plans allows employers to reduce business costs by paying for employees’ medical expenses instead of paying premiums for insurance coverage?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.