Minimum Premium Plan an arrangement under which an insurance carrier will, for a fee, handle the administration of claims and insure against large claims for a self insured group. The employer self funds a fixed percentage (e.g. 90%) of the estimated monthly claims, and the insurer covers the remainder. What is Minimum Premium Plan , What does mean Minimum Premium Plan , Insurance Guide, Insurance Glossary
Group Health Organizations Health Maintenance (HMO) a plan under which an enrollee pays a membership fixed fee in advance in return for a wide range of compre... more
