Vocabulary
Private Health Insurance
Medicare
Government Plans
Claims, Payments, and Legal
100

A specific amount of money that must be paid yearly before the benefits begin.

What is a Deductible

100

Laws that protect wage earners against the loss of wages and the cost of medical care resulting from occupational accidents and diseases.

What is Workers Compensation

100

Offered to all medicare recipients to cover the cost of their prescription drugs.

What is Medicare Part D

100

A state to state health benefits program designed for low income people, and those who are blind, disabled, members of families with dependent children deprived of the support of at least one parent.

What is Medicaid.

100

A standard designed to protect medical records and all personal health information.

What is the Health Insurance Portability and Accountability Act

200

The amount of time that an individual must wait to become eligible for coverage or a specific benefit.

What is a Waiting Period

200

A managed care organization developed to control the expenditure of health care dollars and to manage patient care.

What is a Health Maintenance Organization

200

Covers outpatient health care services, services by physicians and durable medical equipment.

What is Medicare Part B

200

What is a comprehensive health care program that the Office of Veterans' Affairs share the cost of covered health care services and supplies with eligible beneficiaries?

What is ChampVA

200

When an insurer determines whether an insurance claim is correct and able to be paid, and if so makes payment.

What is Claims Adjudication

300

Conditions like acquired immunodeficiency syndrome, attempted suicide, cancer, losses due to injury on the job, and pregnancy are reasons why a person should not be allowed to deduct expenses

What is a Policy Limitation

300

A plan in which the members may seek care outside the network, or directly from preferred providers.

What is Point of Service

300

Inpatient health care services, services in hospitals, nursing facilities, home health care, and hospice care.

What is Medicare Part A

300

A fee for service plan for the dependents of men and women in the military.

What is Tricare Standard

300

Medicare Part B coverage requires you to use this universal claim form.

What is a CMS 1500

400

The cost of the coverage that the insurance policy contains may vary greatly depending on the subscriber.

What is a Premium

400

Enrollees receive the highest level of benefits when they obtain services from a physician, hospital, or other health provider designated by their program as a preferred provider.

What is a Preferred Provider Organization

400

Some varieties of this plan may require members to pay a premium similar to the Medicare Part B premium.

What is Medicare Part C

400

A health maintenance organization plan with a point of service option for the dependents of men and women in the military.

What is Tricare Prime

400

The intentional deception or misrepresentation that results in unauthorized benefits to an individual or organization.

What is Health Insurance Fraud

500

The approval of or concurrence with the treatment plan proposed by a medical professional before the provision of services will be covered by insurance

What is Preauthorization

500

These groups sign up health care providers who agree to charge a fixed fee for services.

What is a Managed Care Program

500

Medicare is a federal program authorized by Congress and administered by this group.

What is Centers for Medicare & Medicaid Services

500

A preferred provider organization plan for the dependents of the men and women in the military.

What is Tricare Extra

500

In the pharmacy, This person tracks claims, processes and verifies accuracy of payments, and files secondary payer claims.

Who is the Insurance Specialist