All policies of a common coverage type (for example, major medical, preferred providerorganization, or capitated managed care), demographic grouping (for example, size, age, or area), contract type, or other segmentation used in estimating incurred claims or used by a risk-bearing entity for evaluating its business.
Congratulations! You're now Froogled Up™ on Section 2.1 from ASOP 5!
Feel free to use it throughout your financial/insurance life.