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Administrative Services Only (ASO)

Written by: PeopleKeep Team
January 20, 2013 at 4:54 PM

A type of contract with an insurance company or a third-party administrator that provides an employer with administrative services. It does not provide coverage for risk of insurance protection. The usual expenses covered include claims processing, plan design advice and printing benefit booklets. These contracts are usually entered into by large employers who can afford the risk of providing insurance protection with their own money.

Topics: Glossary

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