Cigna terms - Study guides, Class notes & Summaries

Cigna Terms question with complete solution 2023 passed graded A+ Insurer - correct answer An entity which provides insurance. Insured - correct answer A person who buys insurance. Also known as a policyholder or a subscriber. Contract - correct answer Called the insurance policy. Details conditions and circumstances under which the insurer will compensate he insured. Premium - correct answer The amount of money charged by the insurer to the insured for coverage. Name the 4 Core...

Cigna Terms Exam Questions with Correct Answers Employee Status: Retiree - Answer-employers may elect to over retirees that are over the age of 65. Less risk because the primary insurer will be medicare. Employee Status: COBRA - Answer-Employers must offer to temporarily prolong coverage after the employees time with the company ends. Employee will have to pay 100% of the premiums. Packaging: Products - Answer-Refers to the network of physicians and health care providers that have agree...

Cigna Terms

Cigna Terms

Cigna Terms

Cigna Terms VERIFIED SOLUTIONS 2023//2024 Insurer - ANSWER An entity which provides insurance. Insured - ANSWER A person who buys insurance. Also known as a policyholder or a subscriber. Contract - ANSWER Called the insurance policy. Details conditions and circumstances under which the insurer will compensate he insured. Premium - ANSWER The amount of money charged by the insurer to the insured for coverage. Name the 4 Core Insurance Principles - ANSWER Pooling of Losses, Spread of...

Cigna Terms VERIFIED SOLUTIONS 2023//2024 Insurer - ANSWER An entity which provides insurance. Insured - ANSWER A person who buys insurance. Also known as a policyholder or a subscriber. Contract - ANSWER Called the insurance policy. Details conditions and circumstances under which the insurer will compensate he insured. Premium - ANSWER The amount of money charged by the insurer to the insured for coverage. Name the 4 Core Insurance Principles - ANSWER Pooling of Losses, Spread of...

Cigna Terms VERIFIED SOLUTIONS 2023//2024 Insurer - ANSWER An entity which provides insurance. Insured - ANSWER A person who buys insurance. Also known as a policyholder or a subscriber. Contract - ANSWER Called the insurance policy. Details conditions and circumstances under which the insurer will compensate he insured. Premium - ANSWER The amount of money charged by the insurer to the insured for coverage. Name the 4 Core Insurance Principles - ANSWER Pooling of Losses, Spread of...

Chapter 5 CPMA Exam: Contract-based Commercial Insurance Plans. Exam Questions With Verified Answers. Most common commercial insurance plans are - answercontract based That is, benefits arise primarily under a contract between the insurance company and the subscriber/patient Where the healthcare provider is in network, - answerthe provider agrees to abide by certain rules in a separate contract.. The auditor must review the contract to determine the rules the provider is bound to follow ...