What are the top five terms that have to do with health insurance policies?

• Premium. Your premium is the amount you pay to the health insurance company each month to maintain your coverage. ...
• Copayment. Your copayment, or co-pay, is a flat dollar amount you pay your healthcare provider for a covered service. ...
• Deductible. ...
• Coinsurance. ...
• Out-of-pocket maximum.

• Deductible. A deductible is what you pay annually for health services before your insurance company pays its share. ...
• High Deductible Health Plan. ...
• Health Savings Account. ...
• Premium. ...
• Copayment. ...
• Coinsurance. ...
• Out-of-Pocket Maximum. ...
• HMO.

• Accident: An unexpected event that causes injury.
• Basic Medical Plan: Insurance coverage that pays agreed-on medical expenses up to a relatively low maximum. ...
• Benefits: ...
• Claim: ...
• Co-insurance: ...
• Co-payment: ...
• Coverage: ...
• Deductible:

What are the things covered in health insurance?

A health insurance plan offers comprehensive medical coverage against hospitalization charges, pre-hospitalization charges, post-hospitalization charges, ambulance expenses, etc. Additionally, it offers compensation in case of loss of income as a result of an accident.

What are healthcare terminologies?

Medical Terminology refers to the vocabulary that medical professionals use to describe the body—what it does, diseases that impact it, and procedures to correct it —enabling precise communication among practitioners.

What are terms in healthcare?

What's the Difference? Electronic medical records (EMRs) are a digital version of the paper charts in the clinician's office. An EMR contains the medical and treatment history of the patients in one practice. EMRs have advantages over paper records.

What is health administration and policy?

Health administration is the practice of managing, leading, overseeing, and administering the operation of dynamic, complex health care entities including hospitals, long-term care facilities, health care systems, nursing homes, pharmacies, and health insurance providers.

What are the 3 main types of insurance?

What are the 3 types of health insurance?

Whats better PPO or HMO?

HMO plans typically have lower monthly premiums. You can also expect to pay less out of pocket. PPOs tend to have higher monthly premiums in exchange for the flexibility to use providers both in and out of network without a referral. Out-of-pocket medical costs can also run higher with a PPO plan.

What does insurance termed mean?

Key Takeaways. Term insurance is a type of life insurance policy that provides coverage for a certain period of time or a specified "term" of years. If the insured dies during the time period specified in a term policy and the policy is active, a death benefit will be paid.

What are benefits in insurance?

The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan's coverage documents.

What is PPO good for?

A PPO is generally a good option if you want more control over your choices and don't mind paying more for that ability. It would be especially helpful if you travel a lot, since you would not need to see a primary care physician.

What are the 10 most important documents in the EHR?

What does CMS stand for?

CMS stands for content management system. CMS is computer software or an application that uses a database to manage all content, and it can be used when developing a website.

What EMR means?

EMR stands for electronic medical records, which are the digital equivalent of paper records, or charts at a clinician's office. EMRs typically contain general information such as treatment and medical history about a patient as it is collected by the individual medical practice.

What are examples of clinical terminologies?

Examples of clinical terminologies include International Classification of Diseases (ICD)9), Current Procedural Terminology (CPT)10), and SNOMED CT7). The knowledge of clinical concepts and theway in which these interrelate has traditionally been implemented in healthcare through clinical coding schemes.

What are the 4 main types of hospitals?

What is not covered under health insurance?

Also, dental surgery/ treatment ( unless requiring hospitalization), congenital external defects, convalescence, venereal disease, general debility, use of intoxicating drugs/alcohol, Self-inflicted injuries, AIDS, diagnosis expenses, infertility treatment, and Naturopathy treatment make a list of exclusions under ...

How do insurance companies decide what to cover?

Insurance companies determine what tests, drugs and services they will cover. These choices are based on their understanding of the kinds of medical care that most patients need. Your insurance company's choices may mean that the test, drug, or service you need isn't covered by your policy.

What is difference between health insurance and medical insurance?

1- Medical insurance will provide you coverage only for hospitalization, pre-specified ailments and accidents that too for a pre-specified amount while health insurance will provide you with comprehensive coverage against hospitalization expenses, pre-hospitalization and post-hospitalization expenses and ambulance ...