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Health Insurance California >> Insurance Glossary >> B

HEALTH INSURANCE GLOSSARY-

Brokerage Firms

A broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. A brokerage firm has a group of people who act as mediates between buyers and sellers belonging to various fields.

Blue Cross Family Insurance

Blue cross family insurance offers a range of insurance policies for family as a whole and to individual family members based on their ages.

Blue Cross Association

The Blue Cross Association is a health insurance provider in the United States of America. It is a national trade organization that links 40 independent regional health insurance companies in the United States (including Puerto Rico) and Canada. Based in Chicago, Illinois, it was formed in the 1982 merger of the Blue Cross Association and the National Association of Blue Shield Plans.

Blue Cross

Blue Cross offers Member-focused service, a wide choice of plans and doctors, financial strength and affordable rates.

Blue Cross Benefits

Blue cross offers a range of medical insurance and plans that suit and offers a wide range of benefits to the customers.

Blue Shield

It is a national trade organization that links 40 independent regional health insurance companies in the United States (including Puerto Rico) and Canada. Based in Chicago, Illinois, it was formed in the 1982 merger of the Blue Cross Association and the National Association of Blue Shield Plans.

Blue Cross Dental

Blue Cross also offers affordable dental plans. These plans require to use the participating dentists and vary primarily in the amount they pay for restorative services.. There are no annual deductibles, no annual maximums and no waiting periods for most services.

Blue Shield Dental

Blue shield dental offers a vast range of dental plans to take care of your dental problems. There are 3 kinds of plans namely HMO plans, PPO plans and traditional dental plans. Based on the needs, one can make a choice between the blue shield dental plans.

Blue Shield Life

Blue shield life provides life insurance plans on short term and long term basis for groups and individuals. There are various kinds life plans to choose from based on ones requirements.

Blue Shield Vision

Blue Shield Vision offers three vision plan designs with pooled rates and deductible options ($0 or $10, or $25 with the Vision Standard plans) for groups of 10-499 employees.

Broker

Somebody who is paid to act as an agent for others, e.g. in negotiating contracts or buying and selling goods and services. A broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal.

Broker Fee Agreement

It's a kind of an agreement between the broker and the client on certain terms and conditions in terms of finding the lender/investors and the broker's finders fee that are acceptable by both the parties.

Broker Insurance

An insurance broker sources (broke) contracts of life insurance on behalf of their customers. Insurance brokerage is largely associated with general insurance (car, house etc, though some brokers provide investment and life insurance brokerage.

Broker Agent

Broker Agents work for one insurance agency, whereas brokers work independently and sell policies through many agencies.

Binder

A formal statement together with the payment of a deposit, showing that somebody has serious intentions of going ahead with an agreement, to purchase health insurance.

Blue Cross Adoption

Blue Cross Adoption is a center for different animals looking for new homes. They have centers all over the world; they are experts in animal re homing, and work hard to find new owners who are a perfect match for the animals in their care.

Beneficiary

The beneficiary is the person who receives the payment of the amount of insurance after the death of the insured. The insurance can be for dental care, health care or life insurance.

 

 

 

 

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Health Insurance


Health insurance is a type of insurance whereby the medical expenses of the person who is insured is paid by the insurer if the insured becomes sick due to covered causes, or due to accidents. The insurer may be a private organization or a government agency.

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