Health Insurance Terms Quizlet
Learn more about short term insurance.
Health insurance terms quizlet. You can access the marketplace via healthcare gov through blue cross and blue shield of illinois or by phone. Please leave your comment below. If the plan has a deductible you usually pay the co insurance for covered services after your deductible is met. A health care system that assumes both the financial risks associated with providing comprehensive medical services insurance and service risk and the responsibility for health care delivery in a particular geographic area to hmo members usually in return for a fixed prepaid fee.
On march 23 2010 president obama signed the patient protection and affordable care act ppaca into law. Ww will help you build a customized weight loss plan 25 off the first healthy meal delivery of 99. Glossary of health insurance terms. Here you ll find plain english definitions for 33 of the most common insurance terms.
This 30 is known as the co insurance. Short term insurance a type of health insurance that covers certain services for a set time period 6 months or less. The health insurance marketplace or health insurance exchange is a federal government website where you can shop compare and buy plans offered by participating health insurance companies in your area. Urgent care provider a provider of services for health problems that need medical help right away but are not emergency medical conditions.
For example your health insurance may cover 70 of the charges for a covered hospitalization leaving you responsible for 30. Choose from 500 different sets of insurance terms flashcards on quizlet. Yet every day it s becoming more and more important for health care consumers to have at least a basic knowledge of the industry s terminology. Give or get help during the coronavirus pandemic aarp members receive exclusive member benefits affect social change.
It s ok we know as well as anyone that the language of health insurance can be hard to understand. When making decisions about health coverage consumers should know the specific meanings of terms used to discuss health insurance. While these terms can be confusing the better you understand them the better you will be prepared to successfully gain coverage and access to the treatments that are right for you. Common health insurance terminology 101.
You must be logged in to leave a comment. Below are definitions for some of the more commonly used terms and how.
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