Chap 17 Flashcards
Medicaid covers
some low income individuals and certain disabled individuals
TRICARE
for active duty personnel and eligible family members, retirees and family members younger than 65 and survivors of all uniformed services
CHAMPVA
retired
CHAMPVA
Civilian Health and Medical Program of the department of veterans affairs
To open a case for worker’s compensation with the insurance
carrier, an employer, must first report the incident with the employer’s first report or illness or injury, otherwise the provider will not be paid for services
Group contract
is a contract of insurance made with a company or other group where in all employees or individuals and their dependents are insured under a single policy
Individual policies
if a person is self employed or if the company does not offer a group policy, the individual may need to buy individual health insurance
Disability insurance
is a form of insurance that pays the policyholder a specific sum of money in place of his or her income usual income if the policyholder cannot work because of illness or accident
Medical savings account
also called as health savings account
If you didn’t use it
it will roll over to next year or you can put it to your savings account like 401k