American Systems Corporation

• The filing says benefits are paid from the employer's general assets.
• Medical insurance bought from Cigna is on file, covering about 16 people.
• We ignored a small insurance contract with Hawaii Medical Assurance Association covering about 12 people; it is too small to be the main plan.
• Medical insurance is on file, but the plan also pays benefits from the employer's own money, so some options are likely self-funded.
• The insured options cover only about 1% of the 1,540 participants, so most people in this plan are in the self-funded part.

Double-check in 30 seconds: “Self-funded”, “administered by” or “ASO” on your card or plan summary means self-funded. “Insured by” or “underwritten by” means insured.