Saturday, October 8, 2016

What Is An ASO Health Plan?

What Is An ASO Health Plan?

Self-funded health care also known as Administrative Services Only (ASO) is a self insurance arrangement whereby an employer provides health or disability benefits to employees with its own funds. It is an arrangement in which an administrative services organization funds its own employee benefit plan such as a pension plan or health insurance program but hires an outside firm to perform specific administrative services.

With a self-funded health plan, you pay for your employees' claims out of your own funds. ... With Regence ASO, all of the administrative duties and stop-loss.

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