A plan for sharing the risk of high medical costs resulting from injury or illness.
What is health insurance?
100
Medical, Hospital, and Surgical insurance
What are the three basic health coverage?
100
An insurance plan that makes regular payments to replace income loss when illness or injury prevents the insured from working.
What is disability insurance?
100
Insurance that gives money to beneficiaries when the insured dies
What is Life Insurance?
200
The most common type of health insurance
What is group health insurance?
200
This type of coverage pays for routine services such as X-rays and office visits.
What is Basic Health Insurance?
200
A plan where the employer pays for part or all of the plan. The insurance is only good as long as you work for the employer.
What is Group Disability Insurance?
200
This states that you can do things such as name your beneficiary as well as add a rider to the clause (This can alter the benefits or change the agreement)
What is the Provisions of Policies?
300
This allows people who leave their job to continue using the company plan for a limited time.
What is the Consolidated Omnibus Reconciliation Act (COBRA) ?
300
This coverage provides protection against catastrophic expenses of a serious injury or illness.
What is Major Medical Expense Insurance?
300
Patients are given choices of physicians and are compensated for approximately 80percent of the procedures performed after the deductible.
What is unmanaged health plans?
300
A plan where you are entitled to disability payments from social security in the case you become disable.
What is Social Security Disability Insurance?
300
This insurance remains in affect for a specified period of time.
What is Temporary Life Insurance?
400
This makes it illegal for an insurer to deny coverage based on health status
What is the Health Insurance Portability and Accountability Act of 1996 (HIPAA) ?
400
These plans have low deductibles and co-insurance requirements of 20% or more.
What is Dental Insurance?
400
A government sponsored health insurance for people currently age 65 or older.
What is Medicare?
400
This insurance stays in affect for your entire life. There are several plans that you can choose from.
What is Permanent Life Insurance?
500
This is a group health insurance provision that specifies how the insurers will share the cost when more than one policy covers a claim.
What is Coordination of Benefits?
500
This coverage pays for exams for eye disease as well as for prescription adjustments and lenses.
What is Vision Insurance?
500
A government sponsored health insurance for people with low incomes and limited resources.
What is Medicaid?
500
Insurance that cover your expenses if your injury or illness resulted from you job.
What is Worker Compensation Insurance?
500
The savings accumulated in a permanent life insurance policy that you would receive if you canceled your policy