A legal trust formed by a health benefit plan sponsor to combine a number of small, unrelated employers for the purpose of providing group medical coverage on an insured or group self-insured basis.
An arrangement whereby a number of unrelated employers join together for the purpose of providing group medical coverage.
Several small groups of individuals that need life and health insurance but do not qualify for true group insurance, banded together under state trust laws to purchase insurance at a more favorable rate. Often referred to as a trust group.
A trust that receives contributions from many small employers, and that purchases and administers group benefit plans for the employees of such small employers.
an arrangement created to obtain health and other benefits for participating employer groups. Small employers can pool their contributions to receive the advantages of large group underwriting.
A legal trust established by a plan sponsor that brings together a number of small, unrelated employers for the purpose of providing group medical coverage on an insured or self-funded basis.
A trust consisting of multiple small employers in the same industry, formed for the purpose of purchasing group health insurance or establishing a self-funded plan at a lower cost than would be available to each of the employers individually.
A plan established by a sponsor that allows small employers in the same or related industries to provide medical insurance under a trust agreement.
