mayoclinic.org

Website:https://www.mayoclinic.org
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Definitions (81)

1

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Workers' compensation coverage


This is insurance that employers are required to have to cover medical care of employees who get sick or are injured on the job.
Source: mayoclinic.org

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Utilization review


This is a process of tracking, reviewing and rendering opinions about care. The practices of pre-certification, recertification, retrospective review and concurrent review all describe utilization rev [..]
Source: mayoclinic.org

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Usual


Usual, customary and reasonable charges reflect the prevailing fees for service in an area. Many insurers and managed care plans reimburse providers based on UCR charges. This term may be synonymous w [..]
Source: mayoclinic.org

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third-party administrator


Third-party administrators handle the administrative duties and sometimes utilization review for self-funded plans.
Source: mayoclinic.org

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Supplemental insurance


This is any private health insurance plan held by a Medicare or commercial beneficiary, including Medigap policies or post-retirement benefits. Supplemental insurance usually pays the deductible or co [..]
Source: mayoclinic.org

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Skilled nursing facility


A skilled nursing facility generally is an institution for convalescence or a nursing home. Skilled nursing facilities provide a high level of specialized care for long-term or acute illness.
Source: mayoclinic.org

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statement


A record of account status (blue and white form) sent to patients monthly to advise them of the previous period's transactions and activity on the account.
Source: mayoclinic.org

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Self-pay patient


A patient who has no insurance or does not want the services rendered to be filed with his or her insurance company. This patient must make a pre-care deposit.
Source: mayoclinic.org

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Self-insured plan


In self-insured (self-funded) plans, the employer (rather than an insurance company or managed care plan) assumes the risk of medical costs. Self-funded plans are exempt from state laws and regulation [..]
Source: mayoclinic.org

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Secondary insurance company


This is the insurance company responsible for processing the claim after the primary insurance determines what it will pay.
Source: mayoclinic.org


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