Chapter 8 Terms Flashcards
(6 cards)
What is a benefit period?
A period of time during which benefits are paid under the policy.
Who is an enrollee?
A person enrolled in a health insurance plan, an insured (doesn’t include dependents of the insured).
What are pre-existing conditions?
Conditions for which the insured has received diagnosis, advice, care, or treatment during a specific time period prior to the application for health coverage.
What is a premium?
The money paid to the insurance company for the insurance coverage.
What is Social Security Disability Insured Status?
Fully insured or currently insured, depending on the number of coverage credits earned.
What is a waiting period?
A period of time that must pass after a loss occurs before the insurer starts paying policy benefits.