1. Collection of several types of health insurance policies under one payer. 2. Inclusive grouping of procedural codes related to medical services when submitting an insurance claim.

Establishing a price for an all-inclusive package or global fee for all medical services needed for specific procedures. Bundled billing may include professional and institutional services that are high-cost or common procedures (e.g., coronary artery bypass graft, kidney transplant, maternity care).

To group more than one component (service or procedure) provided in one day into one CPT code for submission on an insurance claim.

Type of life insurance in which the mortality, investment, and expense factors used to calculate premium rates and cash values are not identified separately in the policy (e.g., traditional whole life insurance).

1. To group minor medical services or surgeries together with principal procedures when provided at the same time and submit them to the insurance company for reimbursement. 2. A payment method in which the insurance company or government program groups together the payment of the lesser service into the payment for the principal procedure to reimburse the provider of the medical service. Also called global pricing and package pricing . See packaging .