Chap 9 - Vocab Test

Front

Continues health insurance for up to 18 months post-employment.

Back

Consolidated Omnibus Budget Reconciliation Act (COBRA)

Front

Share of costs for covered insurance services paid out of pocket

Back

co-insurance

Front

Amount paid by policyholder before insurance covers costs

Back

deductible

Front

Insurance plans covering large groups, like company employees or local government.

Back

group plans

Front

Financial product for medical service payments due to illness or injury

Back

health insurance

Front

Ensures workers can keep health insurance when switching jobs

Back

Health Insurance Portability and Accountability Act (HIPPAA)

Front

A financial product providing reimbursement for certain financial losses.

Back

insurance

Front

Insurance plan that pays a person upon policyholder's death

Back

life insurance

Front

Person who buys a health insurance policy or subscribes through an employer

Back

policyholder

Front

Health conditions existing before insurance policy granted

Back

pre-existing conditions