6 Terms
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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
default
Health care; Managed care
In health insurance, the policy owner’s failure to make a premium payment by a policy’s final due date or by the end of its grace period. Or, breach of some covenant, promise to duty imposed by a ...
balance
Health care; Managed care
In health insurance, the residual amount of money due a company from its agent aft er all credits and charges are calculated.
technology assessment
Health care; Managed care
In health policy, a synthesis of information on the safety, effectiveness, and cost of a service or technology to predict how providing it would affect patients and the health care system.
experience refund
Health care; Managed care
In health reinsurance, a predetermined percentage of the net reinsurance profit that the reinsurer returns to the ceding company as a form of profit sharing at year end.
high-pressure selling
Health care; Managed care
In insurance sales, encouraging the buyer to purchase any insurance without full consideration of needs for insurance and his or her ability to continue payments on the policy or using tactics that ...
stock company
Health care; Managed care
In insurance, a company that is owned and controlled by a group of stockholders whose investment in the company provides the capital necessary for the issuance of guaranteed, fixed premium, and ...
exclusion clause
Health care; Managed care
In insurance, a policy provision that excludes certain risks from coverage, such as aviation, war, or preexisting conditions.
