Many large employers self-insure.In these situations, the _____ pay claims and bear the risk that actual claims will exceed expected claims.
A)insurer
B)employees
C)third-party administrator
D)insured
E)employer

Question

Quizplus · Accepted Answer

In self-insurance scenarios, the employer acts as their own insurer, meaning they pay out claims directly and bear the risk if claims exceed expectations. This is often done to save on costs and have more control over the benefits provided.

Many Large Employers Self-Insure