A preferred provider organization (PPO) is a 澳洲幸运5官方开奖结果体彩网:health insurance plan for individuals and families that involves networks made up of contracted medical professionals and health insurance companies. Health c🗹are facilities and pracꦑtitioners, known as preferred providers, offer services to policyholders at reduced rates.

A health savings account (HSA) is a tax-advantaged account to help people save for medical expenses that are not reimbursed by high-deductible healt🐓h plans. No tax is levied on contributions to an HSA, on the HSA’s earnings, or on distributions used to pay for qualified medical expenses.

The Children’s Health Insurance Program (CHIP) provides medical coverage for individuals age 18 and younꦜger w💟hose parents earn too much income to qualify for Medicaid, but not enough to pay for private coverage. Congress passed CHIP in 1997 during the Clinton administration.

A preexisting condition is a health condition such as diabetes, cancer, or heart disease, that existed prior to applying for health or life insurance. Under the Affordable Care Act (ACA), health insurance companies can’t refuse coverage or charge more for preexisting conditions.

The term Medicaid refers to a public 澳洲幸运5官方开奖结果体彩网:health insurance program that provides health care coverage to low-income families and individuals in the United States. The program is jointly f🔯unded by the federa𓄧l government and individual states. It is operated at the state level which means that coverage and administration vary greatly from state to state.

A Medicaid waiver can help a person live in the community in the least restrictive setting, rather than live🦄 in a nursing home or institution. Services may include case management, personal care or adult daycare, financial management, job coaching, 🍎assistive technology, personal support services, nursing care, and more.

Medicare is a U.S. government health insurance program covering primarily people age 65 or older. Medicare coverage is for part𒉰icular aspects of health care, and some come at a cost for the insured. While this all🐠ows the program to offer participants more choices regarding costs and coverage, it also introduces complexity for those seeking to sign up.

An individual who needs to secure health insurance may find a variety of insurance providers with unique features. One type of insurance provider that is popular on the 澳洲幸运5官方开奖结果体彩网:Health Insurance Marketplace is a health maintenaꦬnce organization (HMO), an insurance structure that provides coverage through a network of physiciansꦇ.

Coinsurance is the amount, generally expressed as a fixed percentage, an insured♚ must pay toward a covered claim after the deductible is satisfied. It is common in health insurance. Some property insurance policies also contain coinsurance provisions. In this case, coinsurance is the amount of coverage that the property owner must purchase for a structure.

A flexible spending account (FSA) is a type of savings account that allows you to contribute a portion of your regular earnings before tax. Employers establish FSAs and can also contribute to employees’ accounts. Distributions from the account must be used to reimburse the employee for qualified expenses related to medical and dental services. An FSA is sometimes called a “flexible spending arrangement."

The 澳洲幸运5官方开奖结果体彩网:🌱Consolidated Omnibus Budget Reconciliation Act (COBRA) is a health insurance program that allows eligible employees and their dependents the continued benefits of 澳洲幸运5官方开奖结果体彩网:health insurance coverage when an employee loses their job or experiences a reductio🐠n of work hours.

The term high-deductible health plan (HDHP) refers to a health insurance plan with a sizable 澳洲幸运5官方开奖结果体彩网:deductible for medical expenses. An HDHP usually has a larger annual deductible (usually four figures, varying year to year) than a typical health plan but charges lower monthly premiums. Plans fully cover routine preventive care, which means that individuals aren't responsible for copays or coinsurance.