An employer has 2500 employees. They may want to consider self-insurance for their health benefits plans and workers' compensation plans because the employers can use duplication of exposure units in the insurance plans
What is Self-Insurance?
This refers to the type of insurance for oneself or one's interests by maintaining a fund to cover possible losses rather than by purchasing an insurance policy.
Hence, we can see that An employer has 2500 employees. They may want to consider self-insurance for their health benefits plans and workers' compensation plans because the employers can use duplication of exposure units in the insurance plans
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