Managed care

Managed care

A health care practice intended to streamline services and provide high quality, cost-effective care.

Industry: Health care

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Managed care

solicitor

Health care; Managed care

A licensed employee of a health insurance agent, company, or broker that acts for the agent or broker in some circumstances.

facility

Health care; Managed care

A licensed, certified, or accredited facility that provides inpatient and outpatient services. Examples of facilities are hospitals, nursing facilities, and ambulatory surgical facilities.

facility to treat chemical dependency

Health care; Managed care

A licensed, freestanding facility that is approved by an insurer to provide treatment for chemical dependency conditions.

open debit

Health care; Managed care

A life and health insurance debit (territory) currently without an agent.

A life and health insurance policy provision (oft en required by law) giving the policy owner 10 days to review a new policy. If the policy owner is not satisfied with the policy, it can be returned ...

incontestable clause

Health care; Managed care

A life and health insurance policy provision that states that the insurance company may not contest payment of benefits (assuming premiums have been paid) aft er a specified period, usually 1–3 years ...

waiver of premium with disability income rider

Health care; Managed care

A life insurance rider that pays a monthly income and waives the policy owner’s obligation to pay further premiums in the event that he or she becomes totally and permanently disabled.