Learn common health insurance definitions for health insurance policies and health plans.
What Is Health Insurance? Health insurance is a contract between a company and a consumer. The company agrees to pay all or some of the insured person's healthcare costs in return for...
a. The act, business, or system of insuring. 1. (Insurance) ; 1. the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, in return for payment.
Availability and Cost You can buy an Affordable Care Act plan on the ACA Health Insurance Marketplace or your state's health insurance exchange. Buying on one of these websites may allow...
Criteria, Plans that fit the criteria ; , HMO ; Network flexibility: If you want the option to see out-of-network providers, ; PCP requirement: If you prefer a PCP to be in charge of your care needs, ✅ ; No referral mandates: If you want to be able to directly access specialists without a referral,
Health insurance premiums: Age, sex, location, health status, and coverage levels. Life... In exchange, you pay premiums during your lifetime. There are two main types of life insurance....
The term high-deductible health plan (HDHP) refers to a health insurance plan with a sizable deductible for medical expenses. An HDHP usually has a larger annual deductible (often four...
What Is Commercial Health Insurance? Commercial health insurance is health insurance that is sold and administered by a private company rather than provided by the government. Such private...
Official definitions pertaining to Health Insurance.
Oracle Health Insurance Claims Adjudication and Pricing Oracle Health Insurance Claims Adjudication automates claim benefits adjudication by leveraging its adaptive, rules-driven...