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124 Results for Tag: health

Here’s Why You Should Not Avoid Health Insurance Details When Buying a Policy

As life’s uncertainties come to light each passing day, most countries, especially India, are seeing an upward spiral in demand for health insurance plans. The ongoing coronavirus pandem

Key Person Insurance

DefinitionKey person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definit

Kamikaze Defense

Kamikaze Defense What is 'Kamikaze Defense ' A type of takeover defense mechanism sometimes resorted to by a company that is the target of a hostile bid. Kamikaze defense involves reshapin

Key Employee

DefinitionKey employee, in U.S. Internal Revenue Service terminology, is an employee classification used when determining if company-sponsored qualified retirement plans, including 401 defin

Kickback

Kickback What is a 'Kickback' A kickback is the payment of something of value to a recipient as compensation or reward for providing favorable treatment to another party. Explaining 'Kick

Keepwell Agreement

Keepwell Agreement What is 'Keepwell Agreement' A contract between a parent company and its subsidiary to maintain solvency and financial backing throughout the term set in the agreement.

Health Savings Account (HSA)

Health Savings Account (HSA) What is a 'Health Savings Account - HSA' A Health Savings Account (HSA) is an account created for individuals who are covered under high-deductible health plan

Health Reimbursement Account (HRA)

Health Reimbursement Account (HRA) What is a 'Health Reimbursement Account - HRA' A health reimbursement account (HRA) consists of employer-funded plans that reimburse employees for incurr

Health Insurance Portability And Accountability Act (HIPAA)

Health Insurance Portability And Accountability Act (HIPAA) What is 'Health Insurance Portability And Accountability Act - HIPAA' An act created by the U.S Congress in 1996 that amends bot

Health Maintenance Organization (HMO)

DefinitionIn the United States, a health maintenance organization is a medical insurance group that provides health services for a fixed annual fee. It is an organization that provides or ar
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