Match Each Health Insurance Term with Its Definition

question 53

Multiple Choice

Match each health insurance term with its definition.
-Predetermined amount that the insured must pay each year before the insurance company will pay for an accident or illness

• A)assignment of benefits
• B)TRICARE
• C)CHAMPVA
• D)coordination of benefits (COB)
• E)co-payment
• F)deductible
• G)effective date
• H)capitation
• I)group insurance
• J)health maintenance organization (HMO)

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Definitions:

Corporate Governance

The set of rules, practices, and processes used to direct and manage a corporation, aiming to balance the interests of various stakeholders.

Bylaws

The set of rules and regulations that govern the internal management of an organization or corporation.

Indenture Provisions

Legal and financial terms and conditions included in the agreement of a bond issue.

Working Capital Manager

A professional responsible for managing a company's short-term assets and liabilities to ensure sufficient liquidity for daily operations.