Noninsured Plan

(redirected from Non-Insured Plans)

Noninsured Plan

A defined-benefit pension plan on which payments are not guaranteed by a third party, such as an insurance company or a government.
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Our traditional non-insured plans as well as our insured and self-funded products continue to record revenue gains while showing broad market acceptance," he said.
Revenues from the traditional non-insured plans increased 28 percent," Raycraft said, "while the insured and self-funded products also continue to receive broad market acceptance, recording revenue gains of 81 percent compared to last year's first quarter.
Raycraft attributed the higher revenues to increased participation in traditional non-insured plans combined with higher average membership fees, reflecting a shift toward enrollment in higher-priced benefit programs.

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