What Does ASO Stand For?
ASO stands for Administrative Services Only
Sometimes larger employers prefer to fund employee benefits for short term disabilities as they occur, rather than buying a traditional insurance plan. With an ASO plan, the employer funds the claim payments but pays the insurer to process the claims. That relieves the employer of the responsibility for deciding which claims qualify for payment under the benefit plan, and which ones do not.
Category : Health
Website : http://www.anthem.com/wps/portal/ahplife?content_path=life/noapplication/f4/s0/t0/pw_m010500.htm
Added on 11th October 2011 | Edit Acronym