Waiting Period
A required amount of time that an individual must remain with the same employer before they are eligible for health insurance.
Waiver of Premium
A clause in a health insurance policy that if an individual becomes disabled and begins to receive disability payments, they do not need to continue to pay their insurance premiums.
Wellness Plan/Program
A plan aimed at reducing health care costs, and sustaining and improving employee health and productivity through an employment-based program.
Well-woman Examination/Visit
A preventive service or exam offered to women to review elements of their reproductive health including a breast examination, pelvic examination and a pap smear.
Withhold
A portion of payments that an insurance company does not pay to health care providers unless that particular provider keeps costs under an agreed upon amount.
Worker’s Compensation Coverage
A type of insurance that pays employees when they are injured in the line of work.