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.