What Does it Stand For

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

URL : http://www.anthem.com/wps/portal/ahplife?content_path=life/noapplication/f4/s0/t0/pw_m010500.htm

Added on 11/10/2011 | Edit this acronym