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AHIP AHM-520 Exam - Topic 2 Question 28 Discussion

The following statements are about the option for health plan funding known as a self-funded plan. Select the answer choice containing the correct response:
D) An employer electing to self-fund a health plan has the option of purchasing stop-loss insurance to transfer part of the financial risk to an insurer.
A) In a self-funded plan, an employer is relieved of all risk associated with paying for the healthcare costs of its employees.
B) Self-funded plans are subject to the same state laws and regulations that apply to health insurance policies.
C) Employers electing to self-fund a health plan are required to pay claims from a separate trust established for that purpose.

AHIP AHM-520 Exam - Topic 2 Question 28 Discussion

Actual exam question for AHIP's AHM-520 exam
Question #: 28
Topic #: 2
[All AHM-520 Questions]

The following statements are about the option for health plan funding known as a self-funded plan. Select the answer choice containing the correct response:

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Suggested Answer: D

by Krissy at May 05, 2022, 12:44 AM

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Joni
11 months ago
I heard self-funding can save money in the long run.
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Meghann
11 months ago
States have different rules, so not all laws apply equally.
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Ruthann
11 months ago
Wait, I thought self-funded meant no risk at all?
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Franchesca
11 months ago
Totally agree, stop-loss insurance is a smart move!
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Pilar
11 months ago
Self-funded plans can still carry risk for employers.
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Rebbecca
12 months ago
I remember learning about different firewall types, but I'm drawing a blank right now. I'll have to make an educated guess on this one.
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Micaela
12 months ago
Okay, let's see here. The preamble is used for synchronization, right? I think that's the key thing we're looking for in this question. I'll go with A.
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Charlette
12 months ago
Okay, I've got this. Records disposition refers to the final actions taken regarding records, like destroying them or moving them to storage. So A and C are the correct answers here.
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