AHIP AHM-520 Exam - Topic 2 Question 28 Discussion

Actual exam question for AHIP's AHM-520 exam

Question #: 28
Topic #: 2

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:

AIn a self-funded plan, an employer is relieved of all risk associated with paying for the healthcare costs of its employees.

BSelf-funded plans are subject to the same state laws and regulations that apply to health insurance policies.

CEmployers electing to self-fund a health plan are required to pay claims from a separate trust established for that purpose.

DAn 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.

Show Suggested Answer

Suggested Answer: D

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

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Joni

5 months ago

I heard self-funding can save money in the long run.

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Meghann

5 months ago

States have different rules, so not all laws apply equally.

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Ruthann

5 months ago

Wait, I thought self-funded meant no risk at all?

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Franchesca

5 months ago

Totally agree, stop-loss insurance is a smart move!

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Pilar

5 months ago

Self-funded plans can still carry risk for employers.

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Rebbecca

6 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

6 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

6 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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