Self-Insured Reimbursement Plan,
Self-Insured Reimbursement Plan Definition:
A simple definition of Self-Insured Reimbursement Plan is: Self-insurance compensation plan is a type of insurance plan in which the company pays its employees for medical expenses instead of paying premiums to the insurance company on behalf of the company. Companies often choose to make their own insurance plans when they feel the premium cost is too high for insurers.
Literal Meanings of Self-Insured Reimbursement Plan
Self:
Meanings of Self:
Self fertilization
A person who is an essential being who distinguishes them from others, especially as an object of self-knowledge or reflection.
(Mold or cover) is made of the same material and color as other materials.
Sentences of Self
Independent species lose much of their power in their offspring
Alienation from our true selves
Belt dress
Insured:
Meanings of Insured:
Insured person or organization.
Sentences of Insured
Compensation if the insured dies
Reimbursement:
Meanings of Reimbursement:
The act of paying someone or paying for lost money
Sentences of Reimbursement
Advance medical compensation in Penguin
Plan:
Meanings of Plan:
A project or plan (to create or create something)
A detailed map or diagram
Sentences of Plan
They are planning a trip to Egypt
They make gardens
I have no plans to retire
Synonyms of Plan
strategy, recipe, draw up a layout of, prepare, aspiration, procedure, project, arrangement, aim, ploy, chalk out, proposition, set up, object, fix up, devise, frame, make a map of, master plan, outline, schedule, intention, objective