7 Terms
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Health insurance
Industry: Insurance
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Health insurance
surveying agent
Health care; Managed care
A local agent who submits health insurance business by means of applications but does not actually write policies.
nonsystemic condition
Health care; Managed care
A local health condition, injury, or ailment not affecting the whole person.
Medicare current beneficiary survey (MCBS)
Health care; Managed care
A longitudinal survey administered by Health Care Financing Administration (CMS) that provides information on specific aspects of beneficiary access, utilization of services, expenditures, health ...
survivor benefit
Health care; Managed care
A lump sum payment that will provide benefits to the insured’s eligible survivors in the event the insured dies while receiving disability payments. This is an optional benefit in most policies.
calendar year major medical plan
Health care; Managed care
A major medical insurance plan that provides reimbursement of covered expenses, with a deductible amount to be applied only once during the period from January 1 of any year through December 31 of ...
contingency reserve
Health care; Managed care
A managed care or health insurance company’s assigned fund for future settlements or claims.
Medicare Part B premium reduction
Health care; Managed care
A managed care organization able to use its adjusted excess premiums to reduce Medicare Part B premiums for members. Available since FY 2003.
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