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Insurance
Insurance is a promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss. Some forms of insurance are required by law, while others are optional. Agreeing to the terms of an insurance policy creates a contract between the insured and the insurer. In exchange for payments from the insured (called premiums), the insurer agrees to pay the policy holder a sum of money upon the occurrence of a specific event. In most cases, the policy holder pays part of the loss (called the deductible), and the insurer pays the rest. Examples include car insurance, health insurance, disability insurance, life insurance, and business insurance.
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Insurance > Health insurance 
inactive
Health care; Managed care
A health or life insurance plan that has been cancelled, no longer in force or effective.
direct contract HMO
Health care; Managed care
A health plan contracting directly with individual physicians, rather than a group of doctors. Similar to an independent physician, or individual practice association (IPA) model ...
fully funded plan
Health care; Managed care
A health plan under which an insurer or managed care organization bears the financial responsibility of guaranteeing claim payments and paying for all incurred covered benefits ...
primary coverage
Health care; Managed care
A health plan without coordination of benefits consideration.
line of business
Health care; Managed care
A health plan, HMO, exclusive provider organization, managed care organization, or PPO set up as a line of business within another, larger organization, usually an insurance ...
noncancelable health insurance policy
Health care; Managed care
A health policy that the insured has the right to continue in force (by the payment of premiums as set forth in the contract) for a substantial period of time, during which period ...
Early and Periodic Screening, Diagnosis, and Treatment (EPSDT)
Health care; Managed care
A health program that covers screening and diagnostic services to determine physical or mental defects in recipients the age of majority, as well as health care and other measures ...
Sub-categories
- Car insurance (39)
- Commercial insurance (92)
- General insurance (136)
- Health insurance (5560)
- Home insurance (17)
- Life insurance (3867)
- Medicare & Medicaid (23018)
- Travel insurance (7)