U. S. Small Business Administration releases report on health insurance. (Headlines).The U.S. Small Business Administration released a report in January that outlined the differences in costs between small group health plans and larger businesses that provide health plans. According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. the study, small group plans are more costly to administer than larger business plans. The report also indicated that the administrative costs administrative costs,
n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. for insurers of small group plans ranged from 33 to 37 percent of claims, while large companies' self-insured plans represented 5 to 11 percent of claims.
Small Business Administration
Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government Chief Council for Advocacy Thomas Sullivan Pulitzer Prize nominee Thomas Sullivan is the author of some eighty short stories and novels.
His work is distinguished by broadly appealing tales of convincing characters in intensely psychological situations that range from thrillers (The Water Wolf urged Congress and President Bush to help make health care more affordable to small employers, citing association health plans as one way to do so. For a copy of the report, visit www.sba.gov/advo.