Continuous Contract

A reinsurance contract that does not terminate automatically but continues indefinitely unless one of the parties delivers notice of intent to terminate. Continuous contract should have an anniversary date to satisfy risk transfer requirements and notice of intent to terminate is usually required to be delivered a specified number of days (typically 90 days) prior to the anniversary date.

Continuous coverage

Insurance benefits that transfer from one health plan to another with no break in coverage or from one type of membership to another (e.g., from dependent to subscriber with a new subscriber identification number). Also called continuity of coverage.

Continuous home care day

In hospice cases, this is a day on which the patient is not in an inpatient facility and elects to receive nursing care on an uninterrupted basis at home. This type of care is furnished during brief periods of crisis and only as needed to maintain a terminally ill patient at home.