11 Terms
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Health insurance
Industry: Insurance
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Health insurance
acuity
Health care; Managed care
A benchmark of illness severity used to establish medical or allied medical staffing needs.
prepaid asset
Health care; Managed care
A benefit like rent or a health care insurance premium that is paid for in advance.
quarantine benefit
Health care; Managed care
A benefit paid for loss of time resulting from the quarantining of an insured by health authorities.
prior carrier deductible credit
Health care; Managed care
A benefit that allows covered persons or their dependents credit for deductibles already accumulated for the calendar year under their employer’s previous health insurance program. The amount of ...
itemized bill
Health care; Managed care
A bill or invoice for medical services rendered and the charge for each.
board of trustees
Health care; Managed care
A Board established by the Social Security Act to oversee the financial operations of the Federal Supplementary Medical Insurance Trust Fund. TheBoard is composed of six members, four of whom serve ...
fiduciary bond
Health care; Managed care
A bond that guarantees the faithful performance in life and health insurance matters, among others.
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