self-administered group insurance
plan
Under this type of group insurance plan, the group
policyholder rather than the insurer performs most of the
administrative work for the plan. The policyholder maintains
detailed records of group membership, processes routine requests,
such
as requests
for
beneficiary changes and
name
and
address changes, prepares its own premium statements,
and, in
some cases, prepares certificates for new
group members.
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