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Glossary
Plain-language definitions of insurance terms.
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POS Plan
A Point of Service plan blends HMO and PPO features: you pick a primary care doctor and need referrals, but you also get limited out-of-network coverage.
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PPO
A Preferred Provider Organization is a health plan that lets you see specialists without a referral and covers some out-of-network care, usually at a higher cos...
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Preauthorization
Approval a health plan may require before it will cover certain services, procedures, or drugs. Skipping it can lead to a denied claim.
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Premium Tax Credit
A federal subsidy that can lower the monthly premium for a health plan bought through the Marketplace, based on household income and size.
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Provider Network
The group of doctors, hospitals, and other providers that have contracted with a health plan to deliver care at negotiated rates. Care from in-network providers...
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