Health insurance

Health insurance

Industry: Insurance

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Health insurance

unit/day

Health care; Managed care

A meter, volume, or benchmark of health care (office visits, hospital days).

A method by which medical insurance premiums are shared by plan sponsors and participants. In contrast to traditional indemnity plans in which insurance premiums belonged solely to insurance company ...

progressive rates

Health care; Managed care

A method employed by some HMOs in which they implement new rates monthly, quarterly, or semiannually.

age-at-issuance rating

Health care; Managed care

A method for establishing health insurance premiums whereby an insurer’s premium is based on the age of individuals when they first purchased health insurance coverage.

ratio analysis

Health care; Managed care

A method of analyzing a business entities’ financial condition calculated from line items in the financial statements. There are four major categories: (a) liquidity; (b) profitability; (c) ...

reconciliation

Health care; Managed care

A method of applying premiums, dues, or bills to health insurance policies.

capital utilization method

Health care; Managed care

A method of determining the amount of money needed to satisfy future income needs, based on the projection that both the earnings and principal will be spent at the end of the period during which the ...