Related Words

Dependents: Spouse and/or unmarried children (whether natural, adopted or step) of an insured.

Beneficiary: The Person who is entitled to receive funds of property under the terms and provisions of a will, trust, insurance policy or security instrument. In connection with a mortgage loan the benef . . . View Full Definition

Work-Training Programs: Work/training programs have two meanings in the food stamp program: (1) most able-bodied unemployed or underemployed (less than 30 hours a week) adults not caring for very young children mus . . . View Full Definition

National School Lunch Act: P.L. 79-396 (June 4, 1946) authorized federal cash and commodity support for school lunch and milk programs, '...as a measure of national security...' in response to claims that many America . . . View Full Definition

Employee Assistance Program (EAP): An EAP is an assessment and referral program or a short-term counseling program that is pre-purchased by some employers and is available to their employees, their dependents and household me . . . View Full Definition

Consolidated Omnibus Reconciliation Act (COBRA) Of 1985: Under the Consolidated Omnibus Budget Reconciliation Act of 1985, if an employee terminates employment with the company, the employee is entitled to continue participating in the company’s g . . . View Full Definition

Prescription Drug Benefits: Typically a provision included in a group health plan designed to provide covered employees and their dependents with payment assistance for medically prescribed drugs.

Prepaid Group Legal Plan: A benefit plan that provides employees, their spouses or dependents with assistance in obtaining legal services, which have been prepaid in whole or in part by the employer.

Financial Objectives: A method of establishing the amount of life insurance required by an individual by estimating the financial needs of dependents in the event of the individual's death.

Participant: A person who is eligible to receive health benefits under a health benefits plan. This term may refer to the employee, spouse or other dependents.