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carve-out |
Also found in: Financial | 0.02 sec. |
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carve-out, a service not covered in a health insurance contract. It is usually reimbursed according to a different arrangement or rate formula than those services specified under the contract umbrella. carve-out Managed care adjective Referring to 1. A program that excludes certain services—usually from an organization's capitated rate—and tends to focus on one disease in depth 2. An arrangement in which some
benefits–eg mental health are removed from coverage provided by an insurance plan, but are provided through a contract with a separate set of providers 3. A population subgroup for whom separate health care arrangements are made How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Therefore, the court examined the type of carve-out the transaction created. Kyl recently commented that such a carve-out would be unworkable, because of the difficulty in defining a small business. There have been a lot of other carriers that have come into this space and gone from it," said John Laprade, who heads the sales unit of MassMutual's Executive Group Life Carve-Out Program. |
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