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HIT Chapter 1

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
Consolidated Omnibus Budget Reconciliation (COBRA)   requires that an employer extend group coverage to an employee for 18-36 months after the employee quits or is laid off  
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Cost sharing   a situation where insured individuals pay a portion of the healthcare costs  
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Deductible   amount a patient has to pay up front each year before insurance will begin paying  
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Entity/entities   parties entering into a written agreement  
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Fee-for-service   Plan that allows patients to go to any provider or hospital they choose  
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Group plan   one insurance policy that covers a group of people  
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Health Insurance Portability and Accountability Act   requires most employee sponsored group health insurance plans to accept transfers from other group plans without imposing preexisting condition clause.  
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Health Maintenance Organization Act   provided grants to employers who set up HMOs  
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Indemnify   reimburse  
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Indemnity insurance   fee for service;Plan that allows patients to go to any provider or hospital they choose  
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Indigent   people who are poor and deprived, typically without sufficient resources to take care of their daily needs  
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Insurance   the act or business of protecting an individual’s person or property against loss or harm in return for payment  
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Insured   policyholder  
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Insurer   insuring party  
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Managed Healthcare   any system of healthcare in which the health plan attempts to control or coordinate use of health services by its enrolled members.  
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Policy   written agreement between two parties  
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Preexisting conditions   illnesses and injuries that exist before the effective date of the insurance policy  
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Premium   payment for insurance  
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Preventive medicine   services provided to keep an individual well or catch an emerging illness in its early stages  
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Created by: Alyshia
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