participating insurance

American  

noun

1. insurance in which the policyholders receive dividends and share in the surplus earnings of the company.

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participating insurance British  

noun

1. a system of insurance by which policyholders receive dividends from the company's profit or surplus

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Etymology

Origin of participating insurance

First recorded in 1950–55

Example Sentences

As congressional Republicans unsuccessfully voted to defund the ACA more than 50 times he went on the warpath against an obscure portion of the law meant to safeguard participating insurance companies against crippling financial loss as a result of the new requirement to cover clients with pre-existing conditions.

From Salon

It is the first year the whole system must stand on its own after the elimination of key risk-sharing programs that provided a backstop against losses for participating insurance companies.

From Los Angeles Times

Premiums for similar benchmark plans rose at least 75 percent in 130 counties across six states - many with only one participating insurance issuer.

From Washington Times

Nearly 36% of ObamaCare regions may have only one participating insurance carrier offering plans for 2017, according to health-care analytics firm Avalere Health.

From The Wall Street Journal

“We recognize that removing this functionality is a complex IT project and requires considerable time and investment from both the exchange as well as participating insurance carriers,” Onizuka said, adding that the exchange staff would work with Deloitte, its primary technology contractor, “to develop a plan of action for removing this feature in advance of the next fall’s open enrollment period.”

From Seattle Times