Health insurance

Health insurance

Industry: Insurance

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Health insurance

dependent

Insurance; Health insurance

A dependent is a person or persons relying on the policy holder for support may include the spouse and/or unmarried children (whether natural, adopted or step) of an insured.

insurance exchange

Insurance; Health insurance

A health insurance exchange mechanism is a key provision of health reform legislation, established to provide a selection of competing providers, each offering different qualified plans. All ...

A health insurance exchange mechanism is a key provision of the Affordable Care Act, established to provide a selection of competing providers, each offering different qualified plans. All qualified ...

limitations

Insurance; Health insurance

a limit on the amount of benefits paid out for a particular covered expense, as disclosed on the Certificate of Insurance.

managed care

Insurance; Health insurance

A medical delivery system that attempts to manage the quality and cost of medical services that individuals receive. Most managed care systems offer HMOs and PPOs that individuals are encouraged to ...

rider

Insurance; Health insurance

A modification made to a Certificate of Insurance regarding the clauses and provisions of a policy (usually adding or excluding coverage).

pre-existing condition

Insurance; Health insurance

A pre-existing condition is a medical condition that is excluded from coverage by an insurance company because the condition was believed to exist prior to the individual obtaining a policy from the ...