Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
A
- Aggregate Stop-LossConceptAggregate Excess Cover, Aggregate Claims Cover
- A form of reinsurance protecting a self-insured employer against total claims across its covered population exceeding a predefined threshold.
- Attachment PointConceptRetention Level, Stop-Loss Threshold
- The specific threshold at which a stop-loss or reinsurance policy begins covering costs, with the insured responsible for costs below it.
R
- ReinsuranceTermStop-Loss Cover, Insurer-of-Insurers
- An arrangement in which an insurer transfers a portion of its financial risk to another insurer in exchange for a premium.
- Reinsurance DesignTermReinsurance Structure, Cession Arrangement
- The specific structure of a reinsurance arrangement, including the attachment point and the proportion of costs above it the reinsurer covers.
S
- Specific Stop-LossConceptIndividual Stop-Loss, Specific Excess Insurance
- A reinsurance form protecting a self-insured employer against a single enrollee's claims exceeding a predefined threshold, unlike aggregate stop-loss.
- Stop-Loss InsuranceTermExcess Loss Insurance, Loss-Cap Cover
- A reinsurance type purchased by self-insured employers to protect against unexpectedly high claims costs, from a single case or aggregate total.