An agreement between the HMO and a subscribing group specifying rate, performance convenience, and relationships among parties, schedule of benefits, and other conditions. The term is generally limited to a 12-month period and may be renewed.
A contract for benefits made with an employer or other organization that covers a group of people.
Contract of life or health insurance made with an employer or other entity (policyholder) that covers a group of persons as a single unit.
The application and addenda, signed by both the health plan and the enrolling contract unit, which constitutes the agreement regarding the benefits, exclusions, and other conditions between the health plan and the enrolling unit. (A contract is usually limited to a 12-month period and subject to renewal thereafter.)
A formal written contract established by a group to eliminate confusion and set a standard for the group's expectations, individual responsibilities, forms of communication, and methods of discipline
A contract of insurance made with an employer or other entity not formed for the purpose of obtaining insurance that covers a group of persons identified by reference to their relationship to that entity. Several different types of insurance may be arranged on this basis, including life, critical illness, income protection, private medical, etc.
A contract of insurance made with an employer or other entity that covers a group of persons identified by reference to their relationship to the entity buying the contract. The group contractual arrangement is generally used to cover employees of a common employer, members of a trade association or trusteeship, members of a welfare or employee benefit association, members of a labor union, or members of a professional or other association not formed only for the purpose of obtaining insurance.
A contract of insurance made with an employer or other entity that covers a group of persons identified as individuals within an entity.