Name of a segment of the insurance market of single employers that provide insurance coverage for their employees through a master contract that is issued to the employer.

Type of medical insurance fraud that is committed by individuals on their insurance claims so that they can obtain benefits in excess of their medical expenses. Also see provider fraud and fraud .

Retirement plan funding system that is determined by first separately calculating the contributions for each of the plan’s participants and then adding those amounts to obtain the total required contribution.

Insurance health plan in which one person and his or her dependents are insured under a policy. Also called individual health insurance, individual contract , individual medical plan , or personal insurance .

Life insurance issued to an individual person. Also called ordinary life insurance and whole life insurance .

Individual and his or her dependents who do not have group health insurance and may be insured under an individual plan.

Single type of membership in a managed care plan or insurance program in which one person is insured. Other types are family membership and group membership.

Health insurance policy purchased by an individual or family.