Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
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Section <strong>14</strong>.2<br />
Private <strong>and</strong> Government Plans<br />
Employer Self-Funded Health Plans<br />
Some companies choose to self-insure. A<br />
company that runs its own insurance plan:<br />
• Collects premiums from employees<br />
• Pays medical benefits as needed<br />
• Must cover any costs that exceed the<br />
income from premiums<br />
<strong>Business</strong> <strong>and</strong> <strong>Personal</strong> <strong>Finance</strong> <strong>Unit</strong> 4 <strong>Chapter</strong> <strong>14</strong> © <strong>2007</strong> Glencoe/McGraw-Hill<br />
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