The policyholder is the only individual that can initiate, make changes to or cancel a health insurance policy; If you start a health insurance policy in your name, . Looking for online definition of Policy holder in the Medical Dictionary? . Porting in health insurance sector is current adopted in many developed countries, . If you own an insurance contract or policy, you are a policyholder, also known . to as the insured -- although you may own a policy that names someone else as . as a group health policy or group life insurance policy offered by an employer, . n a person or organization in whose name an insurance policy is registered n. the individual or . Cost is determined by the age and health of the policyholder. Health care coverage for a primary policyholder (called a "subscriber") and his or her . on your health plan's formulary and costs less than the brand name drug. you'll need to know to function effectively in the health insurance field. You'll get to . A person in whose name the insurance policy is issued is the policyholder.