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insurance plans
types of insurance plans
Term | Definition |
---|---|
Medicare | generally covers patients age 65 and older by part A (hospitalization) or part B (routine medical office visits) benefits. |
Tricare | authorizes dependents of military personnel to receive treatment from civilian providers at the expense of the federal government. |
CHAMPVA | covers surviving spouses and dependent children of veterans who died as a result of service related disabilities |
Managed care | an umbrella term for plans that provide health care in return for preset scheduled payments and coordinated care through a defined network of providers and hospitals. |
workers compensation | protects wage earners against the loss of wages and the cost of medical care resulting from an occupational accident or disease as long as the employee is not proven negligent |
private insurance plans | blue cross blue shield, aetna, and untied healthcare. |
Americas oldest and largest system of independent health insurers | Blue Cross Blue Shield |