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On default,unless the security agreement states otherwise,the secured party has the right to take possession of the collateral.
Accept Assignment
In healthcare, agreeing to accept the insurance company's payment as full payment for services rendered.
Health Maintenance Organizations
A type of health insurance plan that typically requires members to receive care from a network of specified healthcare providers and facilities to be covered.
Capitated Rate
A payment arrangement for healthcare service providers where they receive a set amount for each enrolled person assigned to them, regardless of the amount of services provided.
Copayments
A fixed amount paid by a patient for a covered healthcare service, usually when receiving the service, with the rest covered by their insurance.
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