# Level-funded plan

> Level-funded plan — A self-funded plan sold to small employers as a fixed monthly payment covering expected claims, administration and stop-loss insurance with a low attachment point. Legally a self-insured plan, whatever the invoice looks like.

Source: https://lopifi.com/glossary/level-funded-plan
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is level-funded plan?** In accounting, level-funded plan means a self-funded plan sold to small employers as a fixed monthly payment covering expected claims, administration and stop-loss insurance with a low attachment point. Legally a self-insured plan, whatever the invoice looks like.

## Words this system refuses for it

- fully insured

- **Category:** Benefits
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** stop-loss-insurance, self-insured-plan, invoice