Individual not a citizen or national of the United States but belonging to another country or people; a foreigner. May be referred to as an immigrant when a person from another country comes to settle.
Tag: USA
Alien carrier
See: alien insurer.
Alien company
See: alien insurer.
Alien insurer
Insurance company residing and incorporated under the laws of a foreign country (e.g., Canada, England). Also called alien carrier or alien company.
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An insurance company formed under the laws of a country other than the one it is doing business in.
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US: An insurer domiciled in and licensed under the laws of a country outside a given jurisdiction. For example, from a U.S. perspective, a Bermuda insurer would be an alien insurer.
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An insurer formed under the laws of a different country than the one it operates in.
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An insurer incorporated in a foreign country, doing business in a given state.
Alignment of incentives
Phrase used in a managed care contract to describe the financial arrangements between physicians and hospital facilities that let both parties share in the risks and rewards of controlling costs and increasing income.