First year in which a trust fund is unable to pay benefits when due because the assets of the fund are exhausted.

Defined by Employee Retirement Income Security Act (ERISA), a 12-month period during which an employee completes 1000 hours of service to the employer.

Type of term life insurance in which the policy owner may continue the coverage at the end of each year. This arrangement continues either for a specified number of years or until the insured attains a specific age. Also called annually renewable term (ART) insurance .

Length of employment of an individual that is used to determine eligibility, vesting, and benefits for employees in retirement plans. Sometimes years of service must be continuous.

Calling patients back for repeated and unnecessary follow-up visits.