By David Edward Marcinko, Hope Hetico
Special a Doody's center name! to maintain with the ever-changing box of health and wellbeing care, we needs to study new and re-learn previous terminology for you to effectively use it on perform. by way of bringing jointly the main updated abbreviations, acronyms, definitions, and phrases within the wellbeing and fitness care undefined, the Dictionary deals a wealth of crucial details that can assist you comprehend the ever-changing regulations and practices in medical health insurance and controlled care this day. For additional info, Please click on the following!
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Additional resources for Dictionary of Health Insurance and Managed Care
See Mediation. APPENDIX: An attachment at the end of an insurance contract. It adds to certain provisions of the contract. The appendix is valid only when signed by the party offering the contract. APPLICANT: The person(s), employee, or entity applying for and signing the written application for a contract of health or managed care insurance or annuity, either on his or her own life or that of another. See Policyholder, and Application and Approval. APPLICATION: A written form provided by an insurer typically completed by the insurer’s agent and, in the case of a health insurance policy, its medical examiner (in most cases) on the basis of personal and verifiable information on the physical condition, occupation, and avocation of the proposed insured.
It pays the same rates, set by the government, for the same medical service. This system does not allow for cost shifting. ALTERNATIVE BIRTH CENTER: Usually a nonhospital facility for giving birth. ALTERNATIVE DELIVERY SYSTEM: Provision of health services in settings that are more cost-effective than an inpatient, acute-care hospital, such as skilled and intermediary nursing facilities, hospice programs, and in-home services. ALTERNATIVE DISPUTE RESOLUTION: An unofficial, voluntary, and nonlitigation process to dissolve insurance contract disputes.
See Allowed Charge and Nonparticipating Physicians. See Balance. BALANCED SECURITY: A concept used in needs analysis to determine the amount of income a family would require should the chief wage earner die or become sick, hospitalized, or disabled. It is based on the accounting concept of income versus expenses. BALANCE SHEET: One of four major financial statements for a health care organization. It presents a summary of assets, liabilities, and net assets for a specific date. A condensed statement showing the nature and amount of a company’s assets and liabilities.
Dictionary of Health Insurance and Managed Care by David Edward Marcinko, Hope Hetico