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Reserves

Written by: PeopleKeep Team
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Originally published on January 20, 2013. Last updated November 21, 2013.

A specific amount of money pre-funded and set aside to assure adequate funds to cover future claims. Both insurance companies and self-insured employers must "reserve" in order to preserve cash flow and protect solvency.

Originally published on January 20, 2013. Last updated November 21, 2013.
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