Skip to main content

Search from vocabulary

Content language

Concept information

Preferred term

self-insurance  

Definition

  • Self-insurance is the practice of (usually) large companies using their own funds to pay health benefits to employees. Self-insured firms often hire an insurance company as a third-party administrator to process claims and other paperwork, but the company, not the insurer, pays for the cost of medical care for those covered by the plan. [Source: Health Care Policy and Politics A to Z; Self-Insurance]

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/self-insurance

Download this concept: