Definition and meaning of auto medical payments :

auto medical payments: If you cause an accident, the coverage works like this: Auto liability coverage pays the bodily injury and property damage losses of the other person. Collision coverage pays for repairs to your own vehicle. Auto medical payments coverage pays medical and funeral expenses for you and your passengers. If you already have health and disability insurance, the coverage may be redundant.

(Source: Bank of America )

Also see these pages: auto medical payments , Insurance, Insurance Sitemap, Insurance Dictionary - A

Iroquois medical botany: Traditional medical usage of herbs in the culture of the six Native American peoples that constitute the Iroquois League.

According to the Iroquois theory of disease, symptoms are manifestations of a disturbance of the vital principle (life force) within an individual and result from any of four acts:

(1)           violating a divine guideline,

(2)           self-denial,

(3)           interacting with entities or events that give off negative power or evil, and

(4)           offending someone who has access to great knowledge regarding the manipulation of spirit forces.

Iroquois herbal medicines include antighost plants, anti-witching remedies, and cures for bad luck and even death.

(See also: Iroquois medical botany, Body Mind and Soul, Alternative Health, Alternative Health Dictionary)

Definition and meaning of hospital medical insurance :

hospital medical insurance: Coverage that provides benefits for the cost of any or all hospital services normally covered under various health care plans.

(Source: Bank of America )

Also see these pages: hospital medical insurance , Insurance, Insurance Sitemap, Insurance Dictionary - H

Definition and meaning of Medical Care Insurance :

Medical Care Insurance:  See Medical Expense Insurance. (H)

(Source: InsWeb)

Also see these pages: Medical Care Insurance , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Medical Expense Insurance :

Medical Expense Insurance:  A form of Health Insurance that provides benefits for medical, surgical, and hospital expenses. This term is used to include coverage under the names Hospital-Surgical Expense Insurance and Medical Care Insurance. (H)

(Source: InsWeb)

Also see these pages: Medical Expense Insurance , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Blanket Medical Expense :

Blanket Medical Expense: A provision which entitles the insured person to collect up to a maximum established in the policy for all hospital and medical expenses incurred, without any limitations on individual types of medical expenses.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Blanket Medical Expense , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - B

Definition and meaning of major medical expense insurance :

major medical expense insurance: Insurance that provides benefits for most types of medical expenses up to a high maximum benefit. Such contracts often contain internal limits and usually are subject to deductibles and co-insurance.

(Source: Bank of America )

Also see these pages: major medical expense insurance , Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of comprehensive medical expense insurance :

comprehensive medical expense insurance: Insurance that provides coverage, in one policy, for basic hospital expense and major medical expense.

(Source: Bank of America )

Also see these pages: comprehensive medical expense insurance , Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Comprehensive Major Medical :

Comprehensive Major Medical:  A plan of insurance which has a low deductible, high maximum benefits, and a coinsurance feature. It is a combination of basic coverage and major medical coverage which has virtually replaced separate hospital, surgical and medical policies with each having its own deductible requirements. Also see Major Medical Insurance. (H)

(Source: InsWeb)

Also see these pages: Comprehensive Major Medical , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Hospital Medical Insurance :

Hospital Medical Insurance: A term used to indicate protection which provides benefits for the cost of any or all of the numerous health care services normally covered under various health care plans.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Hospital Medical Insurance , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - H

Definition and meaning of Medical Loss Ratio :

Medical Loss Ratio:  Total health benefits divided by total premium. (H)

(Source: InsWeb)

Also see these pages: Medical Loss Ratio , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Supplemental Medical Insurance, SMI :

Supplemental Medical Insurance (SMI):  Part B of Medicare is a voluntary program which generally covers physician's services and various outpatient services. A premium is charged for electing Part B coverage. (H)

(Source: InsWeb)

Also see these pages: Supplemental Medical Insurance, SMI , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - S

Definition and meaning of Blanket Medical Expense :

Blanket Medical Expense:  A policy or provision in a Health Insurance contract that pays all medical costs, including hospitalization, drugs, and treatments, without limitation on any item except possibly for a maximum aggregate benefit under the policy. It is often written with an initial deductible amount. (H)

(Source: InsWeb)

Also see these pages: Blanket Medical Expense , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - B

Definition and meaning of Major Medical Insurance :

Major Medical Insurance:  A type of Health Insurance that provides benefits up to a high limit for most types of medical expenses incurred, subject to a large deductible. Such contracts may contain limits on specific types of charges, like room and board, and a percentage participation clause sometimes called a coinsurance clause. These policies usually pay covered expenses whether an individual is in or out of the hospital. (H)

(Source: InsWeb)

Also see these pages: Major Medical Insurance , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Group Major Medical Plan :

Group Major Medical Plan: See Supplementary Major medical Insurance.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Group Major Medical Plan , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - G

Definition and meaning of Comprehensive Major Medical Insurance :

Comprehensive Major Medical Insurance: A policy designed to give the protection offered by both a basic and a major medical health insurance policy. It is characterized by a low deductible amount, a coinsurance feature, and high maximum benefits.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Comprehensive Major Medical Insurance , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Comprehensive Medical Expense Insurance :

Comprehensive Medical Expense Insurance: A form of health insurance which provides, in one policy, protection for both basic hospital expense and major medical expense coverages. The major medical part of a comprehensive policy is characterized by a deductible amount, coinsurance, and high maximum benefits.

(Source: The Haskayne School of Business at the University of Calgary )

Also see these pages: Comprehensive Medical Expense Insurance , Insurance Business, Insurance Business Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Competitive Medical Plan, CMP :

Competitive Medical Plan (CMP):  This refers to permission given by the federal government that allows an organization to write a Medicare risk contract. (H)

(Source: InsWeb)

Also see these pages: Competitive Medical Plan, CMP , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - C

Definition and meaning of Medical Information Bureau, MIB :

Medical Information Bureau (MIB): A data pool service that stores coded information on the health histories of persons who have applied for insurance from subscribing companies in the past. Most Life and Health insurers subscribe to this bureau to get more complete underwriting information. (LI,H)

(Source: InsWeb)

Also see these pages: Medical Information Bureau, MIB , Life Insurance, Life Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Medical Information Bureau, MIB :

Medical Information Bureau (MIB):  A data pool service that stores coded information on the health histories of persons who have applied for insurance from subscribing companies in the past. Most Life and Health insurers subscribe to this bureau to get more complete underwriting information. (LI,H)***

(Source: InsWeb)

Also see these pages: Medical Information Bureau, MIB , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - M

Definition and meaning of Free-Standing Emergency Medical Service Center :

Free-Standing Emergency Medical Service Center:  A facility whose primary purpose is the provision of care for emergency medical conditions. Also called emergi-center or urgi-center. (H)

(Source: InsWeb)

Also see these pages: Free-Standing Emergency Medical Service Center , Health Insurance, Health Insurance Sitemap,  Insurance, Insurance Sitemap, Insurance Dictionary - F