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Health insurance
Industry: Insurance
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Health insurance
Physician Practice Management Corporation (PPMC)
Health care; Managed care
A firm that purchases physicians’ practices in exchange for a percentage of the gross receivables. ThePPMC leases the office back to the doctor or employs the doctor on a salaried basis. ThePPMC then ...
expense constant
Health care; Managed care
A flat health insurance charge added in the computation of the premium in which the pure premium is so low that the cost of issuing and servicing the policy cannot be recovered.
nonmedical report
Health care; Managed care
A form completed by the applicant, giving certain information as to health required by an insurance company for issuance of insurance when a medical examination is not required.
temporary receipt
Health care; Managed care
A form given by a life or health insurance agent to the policy owner paying a premium when the premium receipt book or the official premium receipt is not available or when the premium cannot be ...
token payment
Health care; Managed care
A form of copayment, usually a nominal payment, made by the patient for a service or supply item.
faculty practice plan (FPP)
Health care; Managed care
A form of group practice organized around a teaching program. It may be a single group encompassing all the physicians providing services to patients at the teaching hospital and facilities, or it ...
