Carve-Out
- Content Team
- April 1, 2024
Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!
Carve out is a term which refers to the elimination of coverage of a specific category of benefit services, most commonly medical services which are not included in a standard health insurance contract and are paid for separately, like vision care, dental care, mental health cover or prescription drugs.
Carve out definition
Carve out is a term which refers to the elimination of coverage of a specific category of benefit services, most commonly medical services which are not included in a standard health insurance contract and are paid for separately, like vision care, dental care, mental health cover or prescription drugs. The employer generally opts out of certain services with one vendor and contracts another to deliver them.
Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!