Insurance benefits in which payment is made up to a maximum amount but does not list a specific dollar amount for each service provided.
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A reimbursement provision, usually for Mediclaim policies and such other hospitalization policies which does not specify how much will be paid for each type of treatment, examination, tests, nursing charges, operation theatre charges, operation theatre charges, dressing, medicines or the like but only sets a maximum which will be paid for all such treatments.

System of funding a retirement plan in which funds are put into a retirement plan but are not set aside to purchase retirement benefits. When a participant retires, the funding agency may either purchase an annuity or pay benefits from the fund. The funding agency does not make contract promises on specific benefit amounts.

In Medicare and TRICARE programs, insurance claim submitted for a medical service or supply by a provider who does not accept assignment. The provider must bill the fiscal intermediary and the beneficiary must pay the provider for the service. Also see nonparticipating physician (nonpar) and nonparticipating provider (nonpar) .