Insurance
Terminology
Medical office equipment
Pt care terminology
Medical Financial Terminology
100

This term refers to the amount an insured person must pay out-of-pocket before their insurance company will pay a claim.

  1. What is a deductible?


100

The amount you pay for your health insurance every month. 


What is a premium?

100

electronic device that accepts text files or images from a computer and transfers them to a medium such as paper or film

What is a printer?

100

Blood pressure, pulse, respirations

What are vital signs?

100

the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. 


What is an account receivable?

200

This type of insurance plan requires you to choose a primary care physician (PCP) and get referrals to see specialists.

What is a Health Maintenance Organization (HMO) plan?

200

The amount you pay for covered health care services before your insurance plan starts to pay.

What is a deductible?

200

ets you handle two or more calls simultaneously.

What is a Multi-line Phone System?

200

a concise statement in English or other natural language of the symptoms that caused a patient to seek medical care

What is a chief complaint?

200

the obligations incurred by a company during its operations that remain due and must be paid in the short term.

What is an account payable?

300

This federal program provides health coverage for people age 65 and older, as well as some younger individuals with disabilities

What is Medicare?

300

The percentage of costs of a covered health care service you pay (20%, for example) after you've paid your deductible 


What is coinsurance?

300

allows the electronic entry, storage, and maintenance of digital medical data

What is an Electronic Medical Record (EMR) System?

300

the process in which a health care provider educates a patient about the risks, benefits, and alternatives of a given procedure or intervention.

What is informed consent?

300

all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue

What is a healthcare revenue cycle?

400

This insurance program is jointly funded by the federal government and individual states to provide healthcare coverage for low-income individuals and families.

What is Medicaid?

400

 your doctor must get approval from Blue Shield before prescribing specific medications or performing a particular medical service or operation.

What is a prior authorization?

400

a device that allows you to send and receive documents electronically over a telephone line.

What is a fax machine?

400

 written record that captures the details of a patient's health status, treatment progress, and any changes in their condition over time

What is a progress note?

400

a document we send you to let you know a claim has been processed.

What is an explanation of benefits or EOB?

500

 This term refers to the percentage of costs of a covered healthcare service that you pay (e.g., 20% of the cost).

What is coinsurance?

500

Private health insurers or public payers (CMS, VA, etc.) may reimburse the insured for expenses incurred from illness or injury, or pay the provider directly for services rendered

What is reimbursement?

500
A device that scans documents and converts them into digital data.






What is a scanner?

500

A record of information about a person's health

What is a health history?

500

contains information about your claim payments that Medicare Administrative Contractors (MACs) send, along with the payments, to providers, physicians, and suppliers.

What is a remittance advice or RA?

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