premium
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Related to premiums: Insurance Premiums
pre·mi·um
(prē'mē-ŭm)The amount that must be paid to the insurer to maintain the desired health insurance coverage.
premium
(prē′mē-um)A payment made periodically to a health care insurer in exchange for benefits coverage (indemnity against future expenses).
pre·mi·um
(prē'mē-ŭm)The amount that must be paid to the insurer to maintain the desired health insurance coverage.
premium,
n the amount charged by a dental benefits organization for coverage of a level of benefits for a specified time.
premium, earned,
n the portion of a policy's premium payment for which the protection of the policy has already been given.
premium rate,
n the price per unit of insurance.
premium tax,
n an assessment levied by a state government, usually on the net premium income collected in that state by insurance companies.
premium, unearned,
n the part of the premium applicable to the unexpired part of the policy period.