Glossary: Small Business Terms

• A
• B
• C
• D
• E
• F
• G
• H
• I
• J
• K
• L
• M
• N
• O
• P
• Q
• R
• S
• T
• U
• V
• W
• X
• Y
• Z

A

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B

• Benefit Level
• Benefit Year
• Benefits

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C

• Claim
• Coinsurance

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D

• Deductible
• Dependent Coverage

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E

• Effective Date
• Employee Contributions
• Employer
• Employer Contribution
• Employer Mandate
• Enrollment
• Exclusions

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F

• Flexible Spending Account (FSA)
• Formulary
• Full-Time Equivalent (FTE)

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G

• Guaranteed Issue

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H

• Health Care Provider
• Health Plan Categories
• Health Savings Account
• HIPAA

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M

• Maternity Coverage
• Medical Underwriting
• Minimum Essential Coverage (MEC)
• Minimum Value

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N

• Network

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O

• Open Enrollment Period
• Optional Supplemental Benefits
• Out-of-Pocket Costs
• Out-of-Pocket Maximum

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P

• Pre-existing Condition
• Preventive Services
• Primary Care Physician

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Q

• Qualified Small Employer Health Reimbursement Arrangement (QSEHRA)

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R

• Referral

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S

• Schedule C
• Schedule K-1
• Small Business Health Options Program (SHOP)
• Special Enrollment Period (SEP)
• Specialist
• Subsidized Coverage
• Summary of Benefits and Coverage

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W

• Waiting Period