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Health Insurance Simplified
TERMS AND ABBREVIATIONS
Below is InsureEZ's master list of commonly misunderstood terms and abbreviations associated with health insurance, organized in alphabetical order. Contact us with any questions or terms you'd like to see defined.
TERM OF THE MONTH
You can use DIGITAL HEALTH INSURANCE to:
1. Find a physician
2. Get a prescription filled
3. Use and pay for medications
4. Manage a Health Savings Account (see below)
5. Schedule appointments and preventative services
Veterans Health Administration (VHA) | A division within the Veterans Administration (VA) established to provide medical service to United States veterans. Not a health insurance plan. |
Walk-in Clinic | A retail clinic (inside a pharmacy or grocery store) or an urgent care clinic that offers extended hours and does not require an appointment for care. A retail clinic is often less expensive than an urgent care clinic, which itself is less expensive than a trip to the hospital. Can often provide care for urgent issues (urinary tract infections, respiratory infections, sexual health services, etc) but may or may not be covered under an insurance plan. |
Worker's Compensation | A state-managed program providing benefits to employees who are injured while at work. In exchange for these medical benefits, the employee agrees not to sue his employer for damages. Also called "worker's comp." The process to submit a claim varies by state. |
SOURCES
Navigating Health Insurance by Alexis Pozen and Jim P Stimpson, published 2018.
https://www.healthcare.gov/lower-costs/
https://www.healthcare.gov/marketplace-in-your-state/
https://www.healthcare.gov/medicaid-chip/childrens-health-insurance-program/
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