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Definition:Practice of an individual, group of individuals, employer or organization that assumes complete responsibility for losses, which might be insured against, such as health care expenses. In effect, "self-insured" groups have no real insurance against potential losses and instead maintain a fund out of which is paid the contingent liability subject to self-insurance.
Acronym Definition:555-555-0199@example.com
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Anonymous on 10/11/2013 04:27:10 AM