Wholesale health insurance

{
  "id": "MLC-T-INS-003538",
  "term": "Wholesale health insurance",
  "field": "Insurance and risk management",
  "definition": "A plan for covering a group of individuals who are not part of a formal employer-employee group, such as members of a professional association or a labor union. The sponsoring organization collects premiums from members and remits a single payment to the insurer, but each member receives an individual policy. This arrangement differs from true group insurance, where a single master contract is issued to the employer or organization.",
  "url": "https://mlchart.com/terminology/insurance/wholesale-health-insurance/"
}