An early mortality table which showed the actual mortality experienced by those insured by major insurers between 1925 and 1934.
Tag: RAW
Zero balanced reimbursement account (ZEBRA)
Type of health benefit plan used by self-insured employers that pays for medical services as they are received by the employee.
Zero Claim
Another term for NIL claim.
Zero premium plan
Type of insurance in which there is no additional health plan premium above the monthly Medicare Part B premium for an enrollee. Plans may include health maintenance organizations (HMOs), fee-for-service plans, preferred provider organizations (PPOs), point-of-service (POS) plans, provider-sponsored organizations (PSOs), religious fraternal benefit society plans (RFPs), and Medicare medical savings accounts (MSAs). Also see Medicare Part C and Medicare Plus (+) Choice (M+C) plan .
Zero-balance account (ZBA)
See: deposit-only bank account .
Zero-Beta
Asset An investment that does not correlate with an index or market results.
Zero-Coupon Bond
A bond under which no coupon payments are made. A single redemption payment is made at the end of the term.
Zillmerisation
A process whereby an adjustment is made in the actuarial valuation of long-term business to take credit for the future recovery of the costs of acquiring new business.
Zone 1
Surgical field on the palm side of the hand indicating from the distal interphalangeal crease to the ends of each digit.
Zone 2
Surgical field on the palm side of the hand from the crease in the wrist to the distal interphalangeal crease in the finger. Also referred to as “no man’s land.”