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Definition
| An insurance contract by which a bonding agency guarantees payment of a specified sum to an employer in the event of a financial loss to the employer caused by the act of a specified employee, a legal oblication to pay specific funds |
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Definition
| breaking and entering with intent to commit a felony |
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Term
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Definition
| Health care providers are paid a fixed monthly fee for a range of services for different fields |
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Definition
| a corporation of a number of different companies operating in a number of different fields |
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Definition
| a medical expense that is a members responsibility, usually a fixed monthly fee for a range of services for different fields |
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Definition
| a cost-sharing arrangement in which the member pays a set amount toward covered servicesbefore the insurer begins to make any payments. Typically,HMO members do not pay deductables. |
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Definition
| pays providers for each service performed |
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| a term referring to HMO primary care providers responsible for refferring members to specialists with the intent of matching the clients needs and preferences with the appropriate and cost effective use of those specialsts services. |
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Definition
| type of business management in which three or more organize to render professional service and share the same equipment and personnel. |
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Term
| Health Maintenance Organization |
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Definition
| (HMO) Prepaid health services rendered by participating physicians and providers to an enrolled group of persons. |
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Definition
| a type of business management where hospitals, physicians, and clinics form to offer client care |
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Term
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Definition
| The state of being liable, responsible, legally bound or obligated as to make good on any loss or damage that may occur. |
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Definition
| A type of health care plan, generally one of two types, namely HMO or PPO or preferred provider organization. |
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Definition
| Members or Clients can seek treatment outside the network however, pay more to do so. |
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Definition
| Type of business management involving the association of two or more individuals who are co-owners of their business. |
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Term
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Definition
| (P4P) A type of managed care to encourage providers to improve the quality of their clients care and reimburses them for their progress toward a fixed goal. |
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Term
| Preferred Provider Organization |
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Definition
| (PPO) A type of business agreement between a medical service provider and an insurer organization in which the fees for specific services are predetermined for an already established group of clients assigned to or selected by the provider. |
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Term
| Professional Service Corporation |
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Definition
| Specific type of corporation in which licensed individuals organize to render a professional service to the public. Such licensed individuals include physicians, lawyers, and dentists. |
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Definition
| Type of business management owned by a single individual. |
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Term
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Definition
| Actual taking and carrying of someone else's personal property without consent or authority and with the intent to permanently deprive a person of it. |
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