Tag: Financial Terms
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Carrier
Summary of Carrier A firm engaged in the business of transporting persons or goods for profit. Railroads, trucking companies, airlines, and steamship operators are examples of carriers. Carriers can be divided into three categories: the private carrier moves only its own goods or those of […]
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Reinsurance
An arrangement in which an insurance underwriter contractually spreads its policy risks with other underwriters, sharing the premium with them. For example, an underwriter may issue a policy for fifty million dollars to cover the loss of a ship; being unwilling to assume the full risk of loss, […]
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Co-insurance
Co-insurance in Aging Law Concept of Co-insurance in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):A cost-sharing requirement under a health insurance policy. It provides that the insured party will assume a portion or […]
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Co-insurance
Co-insurance in Aging Law Concept of Co-insurance in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):A cost-sharing requirement under a health insurance policy. It provides that the insured party will assume a portion or […]
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Commercial Insurance
Commercial Insurance in Aging Law Concept of Commercial Insurance in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):In health care, usually any insurance for hospital or medical care which has the objective of making a […]
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Commercial Insurance
Commercial Insurance in Aging Law Concept of Commercial Insurance in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):In health care, usually any insurance for hospital or medical care which has the objective of making a […]
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Horizontal Integration
Summary of Horizontal Integration Also known as horizontal expansion, the expansion of a firm through the acquisition of additional production capacity in its primary field. For example, a shipping company may expand horizontally by acquiring other vessels on the same trade route.(Main […]
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Reimbursement
Reimbursement in Aging Law Concept of Reimbursement in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):The process by which health care providers receive payment for their services. Because of the nature of the health care […]
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Reimbursement
Reimbursement in Aging Law Concept of Reimbursement in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):The process by which health care providers receive payment for their services. Because of the nature of the health care […]
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Long-term Care Insurance
Long-term Care Insurance in Aging Law Concept of Long-term Care Insurance in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):Insurance policies which pay for long-term care services (such as nursing home and home care) that […]
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Professional Liability Insurance
Professional Liability Insurance in Aging Law Concept of Professional Liability Insurance in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):Liability insurance to protect professionals for loss or expense resulting from […]
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Private Health Insurance
Private Health Insurance in Aging Law Concept of Private Health Insurance in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):Privately organized health insurance that is based on estimation of probable population risks, and […]