Health insurance

Health insurance

Industry: Insurance

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Health insurance

specialty drug

Insurance; Health insurance

Specialty drugs are high-cost prescription medications used to treat complex, chronic conditions like rheumatoid arthritis, multiple sclerosis, and cancer. These medications often require special ...

Consumer Operated and Oriented Plan (CO-OP)

Insurance; Health insurance

The Affordable Care Act (ACA) provides $6 billion in loans and grants to develop non-profit organizations that are run by their customers and meant to offer consumer-friendly, affordable health ...

The average fee charged by a particular type of health care practitioner within a geographic area. The term is often used by medical plans as the amount of money they will approve for a specific test ...

beneficiary

Insurance; Health insurance

The beneficiary is enrolled in a health insurance plan and receives benefits through those policies.

certificate of insurance

Insurance; Health insurance

The certificate of insurance is a printed description of the benefits and coverage provisions forming the contract between the carrier and the customer. It discloses what is covered, what is not, and ...

risk

Insurance; Health insurance

The chance of loss, the degree of probability of loss or the amount of possible loss to the insuring company. For an individual, risk represents such probabilities as the likelihood of surgical ...