Quiz

Sorry! The answer is D, all of the above. Want to know why? Check out our partially self-funded resource page.

Actually, employers get to keep all the money they’ve set aside for insurance that does not go toward claims. There’s no hidden markup like there is with fully-funded insurance. Companies keep what they don’t pay. Want to learn more? Visit our resource page.

For more information, check out our “What’s in a Rate” chart:

Not quite! The correct answer is $50,000. Here’s why. $20,000 would be too low, resulting in a higher fixed premium compared to the amount of risk typical for a group this size. $125,000 would be too risky for a group this size. 

But keep in mind there are a lot more variables at play here. In addition to the number of subscribers, you also have to consider their ages, genders, the industries they work in, and where they live. (Hey, no one ever said health insurance wasn’t complicated).

Sorry! The correct answer is C, “laser.” That’s the term used to describe a higher Specific Deductible placed on an individual plan member.