6 Terms
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Health insurance
Industry: Insurance
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Health insurance
actuary
Insurance; Health insurance
An actuary is a health insurance carrier number cruncher responsible for determining what premiums the company needs to charge based in large part on claims paid versus amounts of premium generated. ...
advance directive
Insurance; Health insurance
An advance directive indicates the person designated to make medical decisions for you if you are unable physically or mentally to make those decisions yourself.
usual, customary and reasonable (URC) expenses
Insurance; Health insurance
An amount customarily charged for or covered for similar services and supplies which are medically necessary, recommended by a doctor, or required for treatment.
covered expenses
Insurance; Health insurance
An amount customarily charged for or covered for similar services and supplies which are medically necessary, recommended by a doctor, or required for treatment.
electronic health record
Insurance; Health insurance
An electronic health record is a long-term aggregate of a patient’s health information and may be a record of a variety of providers and types of medical care. This record is sometimes confused with ...
electronic medical record
Insurance; Health insurance
An electronic medical record is a record of patient health maintained by the patient’s physician as a record of that physician’s care of the patient. This record is often confused with an electronic ...
exclusion
Insurance; Health insurance
An exclusion is a provision within a health insurance policy that eliminates coverage for certain acts, property, types of damage or locations.
