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Health insurance

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Health insurance

Health insurance portability and accountability act of 1996 (HIPAA)

Insurance; Health insurance

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) allows persons to qualify immediately for comparable health insurance coverage when they change their employment or ...

Carrier

Insurance; Health insurance

The insurance company or HMO offering a health plan.

Risk

Insurance; Health insurance

The chance of loss, the degree of probability of loss or the amount of possible loss to the insuring company. For an individual, risk represents such probabilities as the likelihood of surgical ...

Maximum dollar limit

Insurance; Health insurance

The maximum amount of money that an insurance company (or self-insured company) will pay for claims within a specific time period. Maximum dollar limits vary greatly. They may be based on or ...

Certificate of insurance

Insurance; Health insurance

The certificate of insurance is a printed description of the benefits and coverage provisions forming the contract between the carrier and the customer. It discloses what is covered, what is not, and ...

Maximum lifetime benefit

Insurance; Health insurance

The maximum amount a health plan will pay in benefits to an insured individual during that individual's lifetime.

Lifetime maximum benefit

Insurance; Health insurance

The maximum amount a health plan will pay in benefits to an insured individual during that individual's lifetime.

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