This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at


A plan that requires employees to bear a greater financial burden in their healthcare by requiring a larger amount of expenses be paid by the consumer, through higher deductibles, yet still provides coverage for large and unexpected claims.

Do you need an answer immediately?

Check out our FAQ page!

Welcome To the Alliance!

The National Alliance for Insurance Education & Research is now the Risk & Insurance Education Alliance, or simply “The Alliance”.  For more details, please read our Press Release.