subsidizedhealthplan
nounUK /ˈsʌbsɪdaɪzd ˈhelθ plæn/
US /ˈsʌbsɪdaɪzd ˈhelθ plæn/
A health plan that costs less because someone else helps pay for it.
Her family chose a subsidized health plan so their monthly payments would be smaller.
SYNONYMS
RELATED WORDS
OTHER MEANINGS
2. A health insurance policy whose premiums are partly paid by an employer.
The company offers a subsidized health plan to all full-time workers.
3. A government-funded insurance option for low-income individuals.
He qualified for a subsidized health plan through the state marketplace.
4. A plan where a portion of medical costs is covered by financial assistance.
The clinic helps patients enroll in a subsidized health plan.