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Insurance Terminology

AB
Assignment of Benefitsauthorization to pay physician directly
Release of Medical Information formauthorization to release patient info to the insurance company
Capitiationfixed amount paid to Dr monthly regardless of services provided
Claimrequest for insurance payment
Coordination of Benefitsprocedures used when patient has more than one insurance
Copayment or Coinsurancespecific amount the insured must pay the Dr for services
Deductibleamount insured must pay each year before insurance begins to pay
Group insurancehealth insurance offered by employers
HCFA 1500standard claim form
HMOhealth maintance organization
Premiummoney paid to purchase insurance
ICD-9-CMcoding system used to document disease injury illness and mortality
HCPCS/CPTprocedure coding system
Managed Caresystem in which medical teams are organized into groups
Medicaidfunding program for health coverage for the poor
Medicaregovernment insurance for people over 65 and permenantly disabled
Medigapinsurance that pays for services not covered by medicare
Pre-certificationauthorization obtained from insurance company prior to services being rendered
Preexisting conditionmedical condition that a patient had before owning the insurance
PPOpreferred provider organization, managed care that allows members to seek service from non-network Dr at higher cost
Subscriberperson who owns the insurance policy
Tricare/CHAMPUS/CHAMPUSVAinsurance for military personal and their families
DRGdiagnostic related groups coding group for diseases


Teacher
Venice High School
Venice, FL

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