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Employment

Employment-related terms in commercial insurance

Terms

Dental Indemnity Plan

Dental Indemnity Plan may refer to a type of insurance plan that provides coverage for dental services. In a dental indemnity plan, the insurance company pays the dentist directly for...

Part-Time Employment Law

Part-Time Employment Law may refer to the various laws, regulations, and policies that govern the rights and responsibilities of employers and employees who are employed in a part-time capacity. Generally,...

Full-Time Employment Law

Full-Time Employment Law is a term that may refer to a variety of laws and regulations that govern the working conditions and rights of full-time employees. This includes laws that...

Blind Hiring

Blind Hiring may refer to a recruitment process where the identity of candidates is not revealed to the hiring decision makers. It is a practice designed to reduce potential unconscious...

Workers’ Comp Calculation

Workers' Comp Calculation may refer to the process of calculating an injured employee’s workers’ compensation claim. When an employee is injured in the workplace, the employer must pay for medical...

Blind Resume

A Blind Resume is a type of resume in which the applicant's name, contact information, and other identifying information is removed or made anonymous. This type of resume is used...

Workplace Discrimination

Workplace Discrimination (or Employment Discrimination) may refer to any type of discrimination based on characteristics or traits that are protected by law. This may include race, gender, religion, national origin,...

Bonded Business

Bonded Business is a term that may refer to a business or its associated activities that are protected by a surety bond. A surety bond is a written guarantee from...

Gender Discrimination

Gender Discrimination is a term that may refer to unequal treatment or bias based on a person's gender. It is a form of prejudice and discrimination that exists in many...

Administrative Services Only (ASO)

Administrative services only (ASO) is a term that may refer to a type of insurance arrangement. In an ASO plan, the insurer provides administrative services only and does not assume...

Required Benefits

In the realm of insurance and employee compensation, the term "Required Benefits" may refer to a set of essential services, treatments, or coverage that an insurance provider or employer must...

Ageism

Ageism is a term that may refer to discrimination against a person based on their age. Ageism is an attitude or behavior that is based on prejudice and stereotypes about...

Additional Living Expense Coverage

Additional Living Expense Coverage, also known as ALE coverage or Loss of Use coverage, may refer to a type of insurance coverage that reimburses policyholders for necessary and reasonable increases...

Employee Leasing Company

An employee leasing company is a specialized firm that offers comprehensive employment services to other companies. The leasing company provides employees to client businesses as contractors or third-party workers. The...

ERISA

The Employee Retirement Income Security Act of 1974, commonly called ERISA, is a law that helps protect workers who participate in employer-sponsored health and retirement plans. The law establishes standards...

Professional Employer Organization

A professional employer organization (PEO) is a specialized company that partners with businesses to manage certain aspects of human resources, employee benefits, payroll administration, and other employment-related functions. By collaborating...

Participating Provider

A participating provider, in the context of insurance, refers to a healthcare professional or facility that has entered into an agreement with an insurance company or a managed care organization...

Employee Benefits Program

An employee benefits program is a type of compensation an employer provides to its employees in addition to their regular salary or wages. These benefits may include healthcare coverage, retirement...

Third-Party Administrator

A third-party administrator (TPA) is an organization providing contractual, operational services to another organization, such as employee benefits management or insurance claims processing.

Employee Assistance Program

An employee assistance program (EAP) provides confidential and professional assistance for personal and work-related issues that may affect employee well-being and productivity. The employer offers the program to provide counseling,...

Employee Benefits Liability

Employee benefits liability (EBL) is liability coverage for employers against errors and omissions when administering employee benefit plans, such as life insurance, retirement plans, health benefits, etc.