Connors Company self-funds the medical expense benefits that it provid
Connors Company self-funds the medical expense benefits that it provides to its employees.
Connors Company has a contract with a commercial health insurance company providing that the health insurance company will pay all claims in excess of $250,000. The arrangement with the health insurance company is called
A) reinsurance.
B) managed care.
C) stop-loss insurance.
D) coinsurance.
ANSWER
Answer: C
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