Declarations: Usually the first page of an insurance policy; summarizes key information specific to the policy; sometimes called a dec page.

Deductible: Amount deducted from a loss. The deductible is an amount assumed in advance by an insured as required by the insurance company or as a means of obtaining a lower premium for the coverage. Also, the amount of the loss that the insured must pay.

Deductible (Benefits): A deductible is a fixed amount of health care dollars which a member must pay 100% of during a calendar year before health benefits begin.

Defense coverage: Source of funding for the defense of a legal challenge filed against the nonprofit.

Definitions: Part of every insurance policy; explain the special meaning of the designated words (identified in bold print or set off by quotation marks) within the context of insurance.

Dependent: An individual who receives health insurance through a spouse, parent, or other family member.

Directors and officers liability insurance (D&O insurance): Insurance that provides coverage against wrongful acts which might include actual or alleged errors, omissions, misleading statements, and neglect or breach of duty on the part of the board of directors and other insured persons and entities. Many D&O policies include employment practices liability coverage.

Direct Reimburser: Nonprofit employer opts out of State tax system and reimburses state for unemployment compensation claims paid to eligible employees.

Disability insurance: Provides an employee security by providing an income should he or she become sick or injured and unable to work.

Drug formulary: A listing of prescribed drugs covered by an insurance plan or used within a hospital. A positive formulary lists eligible products while a negative one lists exclusions. Some insurers will not reimburse for prescribed drugs not listed on the formulary; others may have limited reimbursement for non-formulary drugs.

Durable medical equipment (DME): Equipment that can stand repeated use, is primarily and customarily used to serve a medical purpose, it generally is not useful to a person in the absence of illness or injury, and is appropriate for use at home, such as hospital beds, wheelchairs and oxygen equipment.