Large Claim Pooling

System designed to stabilize the premium fluctuation in small groups. Large claims are charged to a pool with contricutions from many small groups who belong and share in the pool. The smaller the group of groups, the lower the pooling level. Conversely, larger groups will have a larger pooling level.

Legend Drug

Drug with the following stated on its label "caution: federal law prohibits dispensing without a prescription."

Length of Stay (LOS)

Total number of days participant stays in care facility such as a hospital.

Long Term Care (LTC)

Care provided for persons with chronic diseases or disabilities. Includes a range of health and social services provided under the supervision of medical professionals.

Long Term Care Facility

State licensed facility providing skilled nursing services, intermediate care and custodial care.

Long-Term Disability Insurance

Policy providing coverage for longer than a short term, usually until the insured reaches age 65.

Loss-Of-Income Benefits

Benefits paid as remuneration for inability to work due to disability resulting from accidental bodily injury or sickness.

Loss of Income Insurance

Insurance paying loss of income benefits.