Health Insurance Vocab

Front

Service for monthly fee protecting against illness/injury costs

Back

health insurance

Front

Contract outlining customer payments and services covered by insurance.

Back

insurance policy

Front

Money paid regularly for insurance policy

Back

premium

Front

Amount paid by patient yearly before insurance covers costs

Back

deductible

Front

Services/treatments covered by insurance

Back

coverage

Front

Insurance policy with medium cost & flexibility, negotiated rates with healthcare providers.

Back

PPO

Front

Insurance with low premiums, few copays, limited providers, and requires referrals from primary care doctors.

Back

HMO

Front

Insurance policy with high premiums and copays allowing patients to see any provider without a referral.

Back

FFS

Front

Paying for medical care without insurance (uninsured)

Back

self-pay

Front

Fee paid by policyholder for each doctor's visit or prescription

Back

copay