A high chance of loss.
Insurance Encyclopedia
High Risk Automobile Insurer
Company that specializes in insuring motorists who have poor driving records or have been canceled or refused insurance.
High risk property
A term in household contents policies, typically defined as: ‘jewellery, precious stones or articles made of gold, silver or other precious metals, clocks, watches, photographic equipment (not for commercial use), binoculars, telescopes and the like, musical instruments, antiques, curios and works of art, stamps and coin collections. They are high value/small bulk items attractive to thieves. The purpose of the definition is to assign to such property a separate sum insured, e.g. £5,000, as a sublimit of the overall contents figure and a single article limit, e.g. £1,500.
High-cost alternative
See: assumptions .
high-deductible health plan (HDHP)
Health plan that, when combined with a health savings account (HAS) or a health reimbursement arrangement (HRA), provides insurance coverage and a tax-advantage means to help consumers save for future medical expenses. This is a part of the Medicare Advantage Law of 2003.
High-flux hemodiafiltration
See: hemodiafiltration .
High-low commission scale
Insurance payment schedule that gives individuals who sell insurance information that shows the amount of a high first-year commission and the reduced amounts for renewal commissions.
High-pressure tactics (Health Insurance)
The illegal use of threats, physical intimidation, fear, or coercion to sell insurance policies. These types of tactics are often used in the marketing of policies supplementing Medicare.
High-risk area
Potential flaw in management controls requiring management attention and possible corrective action.
High-risk insurance pool
State program that helps high-risk individuals who have health problems to join together to purchase health insurance. However, because the pool members are high risk, the insurance premium rates are high even with state subsidies.