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Health Insurance
California >> Insurance
Glossary >> M
HEALTH INSURANCE GLOSSARY-
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Minimum Premium Plan
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This is considered to be a group
insurance mechanism, where up to a certain amount the employer
would be responsible but if the claim increases over a fixed amount
then the insurance company becomes responsible.
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Mandatory Rehabilitation
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According
to this process, a disabled individual
can undergo the rehabilitation treatment but if the employee refuses
to cooperate
then he will be aborted from the program.
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Medical Necessity
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They can be referred as the required and necessary services or
treatment to be given due to illness or injury of an individual.
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Medicaid
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Suppose an individual
is not able to pay for his medical care, then he can obtain a Medicaid,
for that the individual has to meet some criteria - should have high
medical bills, should receive the supplementary income, should contain
certain disabilities in income, age, resource etc.
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Medicare Plans
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Medicare is a health
insurance program sponsored by the government and thus it pays
some medical benefit for the disabled and elderly people, but the
individuals should qualify for the plan.
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Managed Care
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Managed
care can be referred to a faction of people working in health
acre and medical insurance.
Often this term gets misunderstood, but managed care is nothing but
an organization which provides benefits for its members.
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Managed Care Plans
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This is a specific type of health
care plan; if an individual enrolls in this plan then he is provided
with certain extra benefits and he has to abide the conditions of
the managed care plans.
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contact insurance brokers John
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