Sentence examples for administer the plan from inspiring English sources

"Others propose a co-op or another nonprofit entity to administer the plan.

Many such employers contract with an insurance company to administer the plan.

This applies to many more people than one might imagine, since many large companies self-insure and use a commercial carrier to administer the plan.

In those situations, the employer pays an insurance company to administer the plan but bears the cost of medical care directly.

The MDBA's role was to apply the best available science, feedback from the community and expert judgement to administer the plan and propose amendments.

And under the text of ERISA, the fiduciary “shall” administer the plan “in accordance with the documents and instruments governing the plan,” 29 U.S.C. § 1104(a)(1)(D).

The new plans come in two flavors: 27 states run their own plans with federal money, while the rest rely on the federal Department of Health and Human Services to administer the plans within their borders.

In fact, it's possible for employers to save enough on their share of your payroll taxes to pay the fees to the companies that administer the plans, though they'll still need to devote staff time to keeping track of it all.

SafetyWing has partnered with insurance giant TokioMarine to administer the plans.

This is because the average holding period for deposits may be reduced, making it more expensive to administer the plans.

These all increase costs to administer the plans, which can be difficult to absorb given thin margins for most providers.