I recently encountered the term 'fi payment' and I'm not sure what it means. I've seen it in a few contexts but I can't seem to find a clear explanation. Can someone please clarify what 'fi payment' stands for or represents?
7 answers
DigitalTreasureHunter
Wed Nov 20 2024
A traditional approach to setting up an employer-sponsored health plan involves a fully-insured health plan.
SsamziegangSerenadeMelodyHarmony
Wed Nov 20 2024
In this structure, the employer bears the responsibility of paying a premium.
CryptoBaron
Wed Nov 20 2024
This premium serves as payment to an insurance company.
KatanaBlade
Wed Nov 20 2024
The insurance company, in turn, provides coverage for health and prescription drugs.
Riccardo
Tue Nov 19 2024
Employees then have access to healthcare services through this insurance plan.