Definition of Funding method from the PharmacyDictionary.in

Funding method

Synonyms or meaning of Funding method

The means by which an employer pays for the employee health benefit plan; several funding methods shift risk from the employer to a carrier, or an employer may self-fund the employee health benefit plan; most common methods: prospective and/or retrospective premium payments, refunding products, self-funding, and shared-risk arrangements.

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