Which of the following is true of self-insured plans?

A. They are regulated by the Employee Retirement Income Security Act (ERISA).
B. They use third-party administrators.
C. They assume the financial risk of providing benefits for employees or members.
D. They do not abide by state insurance regulations.

Answer: They are regulated by the Employee Retirement Income Security Act (ERISA)., They use third-party administrators., They assume the financial risk of providing benefits for employees or members., They do not abide by state insurance regulations.