Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Drop down options for all questions have the same choices: Affordable Care Act, Cancellation clause, Coordination of benefits provision, Custodial care, Disability income insurance, Health

Drop down options for all questions have the same choices:

Affordable Care Act, Cancellation clause, Coordination of benefits provision, Custodial care, Disability income insurance, Health Insurance Portability & Accountability Act, Hospitalization insurance, Own-occupation disability, pre-admission certificate.

image text in transcribed

1. Vocabulary: Health insurance What does it mean? Match the health insurance terms on the right with the descriptions of the terms on the left. (Note: These are not necessarily complete definitions, but there is only one correct description for each term.) Description Term This clause in many health insurance contracts allows the insurer to cancel a policy at any time. Under this federal law, if you've already been covered by a health insurance plan without a break in coverage of more than 63 days and you apply for new insurance, insurers cannot turn you down, charge you higher premiums, or impose an exclusionary period due to your health status. This legislation requires, among other things, all Americans to have or buy health insurance beginning in 2014 or pay a penalty, and requires insurers to cover people with preexisting medical conditions without limiting or setting unrealistically high insurance rates. This provision of many health insurance policies prevents an insured from collecting more than 100% of covered charges by owning and filing claims with more than one policy This form of documentation certifies that an insured's insurance company has approved his or her admission to a hospital for a non-emergency scheduled stay

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A Management Perspective

Authors: Nelson Macwan

1st Edition

6206142191, 978-6206142195

More Books

Students also viewed these Accounting questions