Русско-англо-русский юридический словарь

Monetary compensation in the context of employment is money paid to an employee in exchange for the use of the employee's labor, as opposed to non-monetary compensation such as health insurance. (study.com)

private health insurance is insurance against the need for medical treatment as a private patient (Collins English Dictionary)

sickness insurance. Health insurance form that covers losses caused by illness or disease. (BusinessDictionary)

Health insurance is insurance against the risk of incurring medical expenses among individuals. (Wikipedia)