5 Terms
Home > Industry/Domain > Health care > Managed care
Managed care
A health care practice intended to streamline services and provide high quality, cost-effective care.
Industry: Health care
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Managed care
quasi contract
Health care; Managed care
An obligation similar in nature to an insurance contract, arising not from an agreement of the parties but from some relation between them or from a voluntary act of one of them. Also, a situation ...
qualifying event
Health care; Managed care
An occurrence (such as death, termination of employment, divorce, etc.) that triggers an insured’s protection under COBRA, which requires continuation of benefits under a group insurance plan for ...
agency superintendent
Health care; Managed care
An officer or other executive of a company in charge of supervising health insurance agencies, either of a territorial division or of the entire company, and usually reporting directly to the agency ...
retainer
Health care; Managed care
An ongoing fee paid to a professional person to engage his or her services.
change of occupation provision
Health care; Managed care
An optional health insurance provision that states that if the insured changes occupations, the insurance company must be notified so that premium rates can be adjusted. If the insured fails to ...
average earnings clause
Health care; Managed care
An optional provision in a disability income policy that permits the company to limit the monthly income disability benefits to the amount of his or her average earnings for the 24 months prior to ...
