ASO in the context of risk management stands for what?

• A. Administrative Services Only
• B. Auto Safety Organization
• C. Actuarial Services Office
• D. Association of Self-Owners

Answer: (A)

Administrative Services Only describes an arrangement where an employer self-insures a program—such as a health plan—and contracts with a third-party administrator to handle claims processing, enrollment, provider networks, and reporting, while the employer retains the financial risk. This setup lets the organization control costs and customize benefits while outsourcing administrative tasks. The other terms aren’t standard in risk management: Auto Safety Organization isn’t a recognized concept here, Actuarial Services Office would refer to a different kind of office, and Association of Self-Owners isn’t a typical term in this field. So Administrative Services Only is the correct description.