insurance vocab

5. No PCP required, you may choose any preferred provider, and usually the most expensive plan.
7. decision made by your health insurer determining what services may be covered.
8. Provides low-cost health insurance to children in families that earn too much money to qualify for medicaid, but not enough for private insurance.
9. A health benefits program to help share the cost for health care services with eligible beneficiaries (veterans)
11. A specified amount of money that the insured must be paid before receiving covered care.
12. rule, The earliest birthday determines which spouse´s plan is primary and who´s is secondary.
14. compensation, If an employee is injured without breaking any work guidelines, the company´s insurance will cover the medical bills
15. a type of insurance in which the insured pays a share of the payment made against a claim
16. of benefits, Transfers the insurance claims rights/benefits to a third-party, who then has the authority to file a claim, make repair decisions, and collect insurance payments without the involvement of the homeowner.

1. and state health insurance for low-income families and individuals
2. Requires a PCP, you are required to stay within a specific network, and usually the cheapest plan.
3. of benefits, statement sent from your insurance company providing details concerning payment for services rendered.
4. The fee paid for providing services for a certain number of people.
5. the amount of money you pay a company to cover your medical bills
6. a fixed amount you pay for a covered health care service after you have paid your deductible
10. designed specifically for Americans 65 years old or older and for the disabled
13. condition, Health companies cannot refuse or cover, or charge you more because of this.