Chapter 8 Terms Flashcards

(6 cards)

1
Q

What is a benefit period?

A

A period of time during which benefits are paid under the policy.

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2
Q

Who is an enrollee?

A

A person enrolled in a health insurance plan, an insured (doesn’t include dependents of the insured).

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3
Q

What are pre-existing conditions?

A

Conditions for which the insured has received diagnosis, advice, care, or treatment during a specific time period prior to the application for health coverage.

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4
Q

What is a premium?

A

The money paid to the insurance company for the insurance coverage.

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5
Q

What is Social Security Disability Insured Status?

A

Fully insured or currently insured, depending on the number of coverage credits earned.

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6
Q

What is a waiting period?

A

A period of time that must pass after a loss occurs before the insurer starts paying policy benefits.

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