self-insurance
1
5.5
- noun
- /ˈsɛlf ɪnˈʃʊərəns/
- Specialized
:
autoseguro
- Underfunding or stripping self-insurance reserves can have disastrous consequences for the hospital's economic viability.
- self-insurance reserves
- form of self-insurance
- self-insurance program
Examples
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Not surprisingly, only about 10% of firms with fewer than 200 workers take advantage of self-insurance, and almost no very small groups (fewer than 50 workers) use the product.
Blog text (29) -
Establishing a self-insurance program is much more than simply stating "we are self-insured."
Academic text (1999) -
Yet this self-insurance did not come cheap.
Academic text (2011) -
Payors such as insurance companies, large employers with self-insurance, and government.
Academic text (2003) -
Even if a hospital has only commercial insurance, the policy is likely to have a deductible, which is a form of self-insurance.
Academic text (1999) -
Usually, several years are needed to accumulate enough reserves for a self-insurance program to be financially viable.
Academic text (1999) -
As emerging markets grow, they naturally accumulate foreign reserves as a form of self-insurance.
Academic text (2009) -
Even when the self-insurance program is mature, almost all hospitals carry excess liability and casualty coverage against large claims.
Academic text (1999) -
The utility's decision to install onsite backup as a form of self-insurance is somewhat like the provider insurance scheme of Manove (1983).
Academic text (1991) -
Many companies choose to implement a self-insurance program to save on premium costs.
How Insured
- Specialized
122
2.8
- Specialized
1
5.5
Surface Forms
Morphology
Etymology
The word self-insurance puts together self ('by yourself') and insurance, which comes from a root meaning 'to make safe', like the common word ensure. So self-insurance means you set money aside yourself to be safe from possible losses instead of buying protection from an insurance company.