Commercial Health Insurance

AAA

DEFINITION of 'Commercial Health Insurance'

A type of health insurance that covers medical expenses and disability income for the insured. Commercial health insurance can be categorized according to its renewal provisions and type of medical benefits provided. Commercial policies can be sold individually or as part of a group plan.

INVESTOPEDIA EXPLAINS 'Commercial Health Insurance'

Commercial health insurance policies are sold by for-profit carriers. They are usually sold by agents and brokers, but can also be purchased directly from the carrier in many instances. These policies vary widely in the amount and types of specific coverage that they provide.

RELATED TERMS
  1. Conversion Privilege

    An insurance policy in which the insurer is required to renew ...
  2. Comparative Interest Rate Method

    An interest-adjusted method of calculating the difference in ...
  3. Commercial Property Floater

    A specific type of floater that is attached to an insurance policy. ...
  4. Group Health Insurance Plan

    An insurance plan that provides healthcare coverage to a select ...
  5. Deductible

    1. The amount you have to pay out-of-pocket for expenses before ...
  6. Long-Term Care (LTC) Insurance

    Coverage that provides nursing-home care, home-health care, personal ...
Related Articles
  1. Health Insurance: Paying For Pre-Existing ...
    Home & Auto

    Health Insurance: Paying For Pre-Existing ...

  2. Investing In Health Insurance Companies
    Insurance

    Investing In Health Insurance Companies

  3. Concierge Healthcare: The Pros and Cons ...
    Home & Auto

    Concierge Healthcare: The Pros and Cons ...

  4. Buying Private Health Insurance
    Insurance

    Buying Private Health Insurance

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center