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CBCS: Module 2 Vocab

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Term
Definition
Capitation   An agreement with a provider to receive a pre-established payment for health care services to enrollees over a period of time  
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Coinsurance   An agreement with a provider to receive a pre-established payment for health care services to enrollees over a period of time  
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Copayment (copay)   Flat, fixed amount that a patient pays for specific services (ex. office or emergency department encounters)  
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Covered Benefits   Services outlined in the policy that are payable by the health plan  
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Deductible   Annual amount the patient must pay before the insurance will begin to pay for covered benefits  
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Guarantor   The individual who is responsible for paying any patient responsibility after the insurance has processed a claim  
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Health Maintenance Organization   A group of contracted providers that agree to the payment contract for its members  
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In-Network (INN)   A provider who has signed an agreement with the insurance plan  
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Noncovered Services   Services that are not payable by the health plan  
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Out-of-Network (ONN)   A provider who does not have a signed agreement with an insurance plan  
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Policyholder   The individual who signs a contract with a health insurance company  
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Preferred Provider Organization (PPO)   A type of managed care organization where providers join network and are considered preferred when a patient seeks treatment  
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Premium   The amount a patient pays each month to receive benefits  
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HMO   Health Maintenance Organization  
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PPO   Preferred Provider Organization  
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CMS   Centers for Medicare/Medicaid Services  
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COB   Coordination of Benefits  
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CPT   Current Procedural Technologies  
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WC   Workers Compensation  
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ABN   Assignment of Benefits  
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HCPCS   Health Care Procedural Coding Services  
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DME   Durable Medical Equipment  
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