carve-out coverage

carve-out coverage

Managed care The provision of certain benefits–'coverage' by an insurance plan through a contract with a separate set of providers. See Coverage.
References in periodicals archive ?
Accident carve-out coverage allows primary writers to "carve out" the accidental death risk while keeping more predictable mortality risks, such as death from sickness, disease and natural causes.
It would appear that in order for carve-out programs to work as intended, the carve-out coverage will need to be actively designed to avoid Section 79 status.