Which of the following best describes why large employers would decide

Which of the following best describes why large employers would decide to self-insure?

a. To claim to offer more benefits to employees
b. To have more control over health care providers
c. To be more effective at keeping employees happy
d. To reduce administrative costs charged by insurance companies

ESSAYBID ANSWER

ANS: D
Some organizations have decided to self-insure their employees. This reduces the administrative cost of insurance. Self-insurance does not claim to offer more benefits to employees, allow for more control over health care providers, or do a better job at keeping employees happy.