medical insurance

medical insurance medical insurance insurance

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medical insurance UK US noun [U] (UK also medical cover) INSURANCE
insurance for the cost of medical treatment if you are ill or injured, often paid for by companies for their employees: »

All senior employees within our organization enjoy benefits such as a company car, pension, and medical insurance.

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Sharp increases in premiums for medical insurance will force rising numbers of companies to scrap the benefit.

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According to the Census Bureau, around one in seven Americans was without medical insurance last year.

provide/take out/buy medical insurance »

Figures suggest that 11 percent of state residents do not have medical insurance.

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If you want private medical insurance once you stop work, you must be prepared for substantial costs.

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a medical insurance policy/plan/scheme

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medical insurance costs/premiums

See also HEALTH INSURANCE(Cf. health insurance)

Financial and business terms. 2012.

Look at other dictionaries:

  • medical insurance — Insurance providing for the payment of medical expenses in the event of sickness or disability. See blue shield; physicians liability insurance …   Ballentine's law dictionary

  • medical insurance — insurance policy that is taken out for use of medical emergencies …   English contemporary dictionary

  • medical insurance — Health care in China has been largely segmented between urban and rural populations. Among the urban population, for over four decades since the early 1950s, there were two major programmes: the Labour Insurance Programme (LIP) and the Government …   Encyclopedia of Contemporary Chinese Culture

  • medical insurance — / medɪk(ə)l ɪnˌʃυərəns/ noun insurance which pays the cost of medical treatment, especially when someone is travelling abroad …   Dictionary of banking and finance

  • medical insurance — See private health insurance …   Big dictionary of business and management

  • Oregon Medical Insurance Pool — The Oregon Medical Insurance Pool (OMIP), instituted in 1987, is designed to provide medical insurance coverage for residents of the state of Oregon with pre existing conditions (i.e. HIV/AIDS, diabetes, etc.) who do not already have private… …   Wikipedia

  • Medicare Supplementary Medical Insurance - SMI — Health insurance sold by private insurance companies meant to top up an original Medicare plan. Medicare supplementary medical insurance, commonly known as Medigap, covers additional healthcare costs that may not be covered under the traditional… …   Investment dictionary

  • California Major Risk Medical Insurance Program — The California Major Risk Medical Insurance Program (MRMIP) provides health insurance for Californian citizens who are unable to obtain coverage in the individual health insurance market because of their pre existing conditions. Californians… …   Wikipedia

  • Private Medical Insurance — noun [U] INSURANCE ► PMI(Cf. ↑PMI) …   Financial and business terms

  • Medical underwriting — is an insurance term referring to the use of medical or health status information in the evaluation of an applicant for coverage (typically for life or health insurance). As part of the underwriting process, health information may be used in… …   Wikipedia

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