What does Aso stand for in finance?

Administrative Services Only
Administrative Services Only (ASO) Definition. Corporate Finance.

What does the abbreviation ASO mean?

ASO

What does an ASO do?

Administrative Services Only (ASO) is a plan provided to administer employee health claims. ASO involves hiring an external services provider, called third-party administrators, to handle the administration of a company’s self-funded health benefits. A self-funded ASO plan transfers the financial risk to the employer.

What does PET stand for in finance?

Primary Economic Term (stock market transaction reporting) PET.

What are risks of Aso plans?

One of the drawbacks of an ASO plan for businesses is if there are more claims than anticipated. Employers are responsible for any deficit they may face at the end of the year. Sudden or unexpected events can be a challenge to any organization with an ASO plan.

Is Aso self-funded?

Essentially a self-funded plan, an ASO arrangement is usually offered for short-term disability, extended health and dental care benefits, and sometimes long-term disability benefits.

What is an ASO plan?

Administrative services only (ASO) is an arrangement in which a company funds its own employee benefit plan, such as a health insurance program while purchasing only administrative services from the insurer.

What is Aso in military?

In military, ASO means advanced special operations; air support operations. The meaning of ASO is advanced special operations; air support operations.

What happens if Aso high?

An elevated titer of antibody (positive ASO) or an ASO titer that is rising means that it is likely that the person tested has had a recent strep infection. ASO titers that are initially high and then decline suggest that an infection has occurred and may be resolving.

Whats the full meaning of PET?

Poly-Ethylene Terephthalate. Miscellaneous » Plastics — and more… Rate it: PET.

What does pets stand for?

PETS

What is the difference between ASO and TPA?

Legally, there is no difference between a TPA and an ASO. Some client plans will partner with multiple companies, including a comprehensive-service TPA for the main plan needs and a specialty TPA(s) for other services. Minimal TPAs – These tend to be explained as large entities that have a very minimal TPA function.

What does Aso stand for in payroll?

An administrative service offering (ASO) is a service businesses use to outsource administrative functions, including employee benefits, payroll, HR management, workers compensation, and safety programs.

What does Aso stand for in airline?

How is Air Staff and Others abbreviated? ASO stands for Air Staff and Others. ASO is defined as Air Staff and Others rarely.

What does Aso stand for in technology category?

ASO. Aviation Safety Officer. Military, Course, Technology. Employment, Business, Organizations. Employment, Business, Service. Technology, America, Military. Technology, Computing, Marketing. Military, Coding, Standard. Military, Course, Technology.

What does administrative services only (ASO) mean?

Definition – What does Administrative Services Only (ASO) mean? Administrative Services Only (ASO) is a program set up by employers for the benefit of their employees where the former finances a benefit plan, such as health coverage or retirement benefits, of the latter.

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