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Insurance Terms
Glossary

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  • Percentage Participation

    A provision in a health insurance contract that the insurer and insured will share covered losses in agreed proportions.

  • Preexisting Condition

    A physical and/or mental condition of an insured which first manifested itself prior to the issuance of his/her policy or which existed prior to issuance and for which treatment was received.

  • Preferred Provider Organization (PPO)

    An arrangement whereby a third-party payer contracts with a group of medical care providers who furnish services at lower than usual fees in return for prompt payment and a certain volume of patients.

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Insurance Reference Guides

Where you live may affect your coverage options. Our reference guide will assist you in finding plans available in your state.

Insurance Terms Glossary

From "absolute liability" to "written premiums," we've done the work for you to define commonly used insurance terms.

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