Minimum Premium Plan

Updated date: Tuesday, July 8, 2025 - 19:43
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

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