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Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.
Health Maintenance Organizations
Organizations that provide or arrange managed care for health insurance, self-funded health care benefit plans, or individuals.
Fee-For-Service System
A payment model where services are unbundled and paid for separately, often used in the healthcare sector.
Preferred Provider Organizations
A managed care organization of medical doctors, hospitals, and other health care providers who have agreed with an insurer or a third-party administrator to provide health care at reduced rates to the insurer's or administrator's clients.
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