Health insurance purchasing cooperative definition

Health insurance purchasing cooperative means a group of individuals, a group of employers and employees, or a combination of individuals and employers and employees who join together to purchase health insurance or health care benefits.
Health insurance purchasing cooperative means a group of small employers who join together to purchase health insurance.
Health insurance purchasing cooperative means an organization

Examples of Health insurance purchasing cooperative in a sentence

  • Health insurance purchasing cooperative" means a group of small employers who join together to purchase health insurance.

  • As used in this section, the following terms mean: 2 (1) "Health insurance" includes accident and sickness insurance on an indemnity 3 basis and health maintenance organization plans; 4 (2) "Health insurance purchasing cooperative", an organization that purchases, 5 coordinates and administers health benefits plans on behalf of employers and individuals 6 by combining their purchasing power to negotiate prices with competing health plans.

Related to Health insurance purchasing cooperative

  • Health insurance means protection which provides payment of benefits for covered sickness or injury.

  • HIPAA means the Health Insurance Portability and Accountability Act of 1996, as amended.