An employer has 2500 employees. They may want to consider self-insurance for their health benefits plans and workers compensatio

Question

vodomira [7]

2 years ago

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An employer has 2500 employees. They may want to consider self-insurance for their health benefits plans and workers compensatio

n plans because:

Business

1 answer:

Mariana [72] · Answer 1 · 2023-08-21T18:24:02+03:00

An employer has 2500 employees. They may want to consider self-insurance for their health benefits plans and workers' compensation plans because the employers can use duplication of exposure units in the insurance plans

<h3>What is Self-Insurance?</h3>

This refers to the type of insurance for oneself or one's interests by maintaining a fund to cover possible losses rather than by purchasing an insurance policy.

Hence, we can see that An employer has 2500 employees. They may want to consider self-insurance for their health benefits plans and workers' compensation plans because the employers can use duplication of exposure units in the insurance plans

Read more about self-insurance here:

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