Words related to health insurance | Policyholder - Premium - Coverage - Deductible - Underwriting - Long-Term Care Insurance words in health insurance
Words related to health insurance: Here is a list of words related to health insurance: 1. Policyholder: The person who holds the health insurance policy and is covered under it. 2. Premium: The amount of money paid to the insurance company for the health insurance coverage. It is usually paid monthly, quarterly, or annually. 3. Coverage: The specific healthcare services and treatments included in the insurance policy. 4. Deductible: The amount of money that the policyholder must pay out of pocket for healthcare services before the insurance company starts covering the costs. Know the funda to keep fit 5. Co-payment (Co-pay): A fixed amount that the policyholder pays for specific healthcare services, often due at the time of the service. 6. Out-of-Pocket Maximum (OOPM): The maximum amount of money the policyholder has to pay for covered services within a policy period. Once this limit is reached, the insurance company covers all eligible expenses. 7. Network: The specific hospitals,...