Full form of ASO, ASO Full Form, ASO Meaning, ASO Stand For , ASO Full Form Name , What is the long form of A.S.O. , ASO Full Form In English , ASO Full Form In Hindi, What does ASO stand for,
Administrative Services Only (ASO) refers to an agreement that companies use when they fund their employee benefit plans. But hire an outside vendor to administer it. For example, an organization may hire an insurance company to evaluate and process claims under its Employee Health Plan.While maintaining the responsibility of paying the claim. The ASO arrangement is unlike that of a company that purchases health insurance for its employees from an outside provider.
ASO insurance plans typically cover short-term disability, health, and dental benefits. Sometimes they also cover long-term disability for large employers. ASO services are gaining popularity as many employers, especially Find out the big, like, potential financial benefits that this type of plan can provide.
An ASO may allow an employer to have greater control of benefit costs to meet the needs of the organization. However, ASO arrangements are not suitable for all companies and have some risks associated with them.
इस आलेख को हिंदी में पढ़े :- ASO full Form In Hindi
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