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Self-funded plan
A health plan under which an employer or other group sponsor, rather than an MCO or insurance company, is financially responsible for paying plan expenses, including claims made by group plan members. Also known as a self-insured plan.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Health care
- Category: General
- Company: Blue Cross Blue Shield
- Product:
- Acronym-Abbreviation:
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