Carryover provision

A multiyear rating device found in some reinsurance agreements that provides that a loss to reinsurers in a given time period may be applied to the results of a previous period (loss carryback) or may be applied to a future period (loss carryforward).

Cartel

Cartel is an association of several independent national or international business organizations that regulates competition by controlling the prices, the production or the marketing of a product or an industry.

Carve out

1. Medical service not included within the capitation rate as a benefit of a managed care contract and may be contracted for separately. For example, carve-out services might include vision and dental, sometimes called a single-service plan (SSP) . 2. Integrated plan of providing medical coverage to Medicare-eligible employees. See Medicare carve-out.

Carve-out plan

Insurance coverage for specific health care services available for purchase separately from the basic managed care plan. Also called single-service plan (SSP). Also see Medicare/employer supplemental insurance.

Case

1. A particular instance of injury or disease, as a case of leukemia; sometimes used incorrectly to designate the patient with the disease. 2. Entire plan of a group insurance policyholder.