The actual contract between an insurance company (insurer) and you or your group (insured) that defines specific health benefits covered. The terms of the contract control the benefits you can receive. Office of Private Health Partnerships (OPHP). The Office of Private Health Partnerships is a small state agency created by the 1987 Oregon Legislature, dedicated to helping all Oregonians gain access to health benefit coverage.
The document containing the contract between the insured and the insurer which defines the rights and duties of the contracting parties.
a contract between a customer and an insurance company, which will pay for particular losses or damage in return for one or more payments, known as premiums.