See: group contract .
Insurance Encyclopedia
Group policy owner
See: Group Policyholder .
Group policyholder
Individual or company in whose name a group insurance policy is written. Also called group policy owner .
Group practice
Three or more providers that share facilities, office personnel, expenses, equipment, financial and medical records, and income in a medical practice. A group practice may represent a partnership, but not necessarily, a single specialty, or a range of specialties (i.e., multispecialty group practice). Also called group medicine or medical group practice .
group practice model (GPM)
Type of health maintenance organization (HMO) in which the physicians in the plan share a central facility.
group practice prepayment plan (GPPP)
Managed care plan in which members pay a monthly premium and the plan offers medical services without additional fees. For some patients, Medicare Part B pays the GPPP directly for services given to beneficiaries.
group practice without walls (GPWW)
See: group without walls (GWW) .
Group property and liability insurance (Liability Insurance/Property Insurance)
A policy providing liability and property insurance in a fashion similar to a group life insurance policy.
Group provider number
A number assigned to a group of physicians submitting claims under the group name and reporting income under one name; used instead of the individual’s physician’s number (PIN) for the performing provider.
Group renewable term insurance (Pensions)
A group life insurance policy that only covers a certain pre-defined period of time, usually a year. This type of policy is renewable at the end of the policy’s term.