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Self-Insured Firm

A company that pays medical claims for their employees rather than holding insurance, usually hiring an insurance company to administer the benefits. Common among large firms. Self-insured plans are not subject to ERISA law or most Affordable Care Act insurance regulations.

Food and Drug Administration (FDA)

Agency under the U.S. Department of Health and Human Services that regulates the approval of all new drugs, biologics and medical devices as well as…