Mindblown: a blog about philosophy.

The individual or organization protected in case of loss under the terms of an insurance policy. The insured is not necessarily the risk, the person whose risk of loss from accident or sickness is protected against. In group insurance the employer is the insured, the employees are the risks.      

An organization of insurers or reinsurers through which particular types of risks are shared or pooled. The risk of high loss by any particular insurance company is transferred to the group as a whole (the insurance pool) with premiums, losses, and expenses shared in agreed amounts. The advantage of a pool is that the size…

A written contract of insurance.  

The State official charged with the enforcement of laws pertaining to insurance in the respective States. The commissioner’s title, status in government and responsibilities differ somewhat from State to State but all States have an official having such responsibilities regardless of his title. Sometimes called superintendent or director.  

A risk which has the following attributes: it is one of a large homogeneous group of similar risks; the loss produced by the risk is definable and quantifiable; the occurrence of loss is large enough to cause hardship; the cost of insuring is economically feasible; the chance of loss is calculable; and it is sufficiently…

A proposed licensure system (not presently in use in any State) under which medical care institutions would be generally licensed by the State and would then be free to hire and use personnel as each saw fit, whether or not they met usual, individual licensure requirements. Using this system, formal education would become only one…

Health services delivered on an inpatient basis in hospitals, nursing homes, or other inpatient institutions, and by health maintenance organizations; but may also refer to services delivered on an outpatient basis by departments or other organizational units of or sponsored by such institutions. The National Health Planning and Resources Development Act of 1974, (section 1531(5) of…

The death (mortality) of live-born children who have not reached their first birthday, usually measured as a rate: number of infant deaths per 1,000 live births in a given area or program and time period. The infant mortality rate is one common measure of health status. Infant mortality varies among countries at least partly because…

Health services provided by physicians, dentists, nurses, or other health personnel in an industrial setting for the appraisal, protection, and promotion of the health of employees while on the job. Occupational health services is now the preferred term.  

Usually synonymous with a medical foundation. Sometimes used to refer specifically to a health maintenance organization which obtains its professional services from an individual practice association.