Skip to main content
VVeloraMarketing
Request a demo
All glossary terms
Funding & risk

Fully insured

Definition

A funding arrangement where the employer pays a fixed monthly premium to a carrier, and the carrier bears all claims risk. Premiums are subject to state insurance regulation and ACA medical-loss-ratio rules.

Related in funding & risk

Self-funded

A funding arrangement where the employer pays claims directly out of cash flow (often through a TPA), bears the claims risk, and typically buys stop-loss insurance to cap downside.

Level-funded

A self-funded variant marketed mostly to small/midsize employers.

Stop-loss

Insurance that caps the employer's claims exposure on a self-funded plan.

MLR

The ratio of premium dollars spent on member medical care vs.

Velora speaks the broker domain natively.

SIC, enrolled lives, renewal month, current carrier — every term in this glossary corresponds to a field Velora's outbound engine actually uses for targeting, segmentation, and cadence selection.

See it on your bookBrowse all 47 terms →