Glossary - Know exactly like a health insurance expert!
What is INDEMNITY CONTRACTS?
Indemnity Contracts are policies that provide a daily benefit, such
as $50, $60, or $70 per day, for each day of confinement in a
hospital or long-term care facility. This method of payment can be
contrasted with an expense-incurred contract, which reimburses
for actual expenses incurred while confined.
What is INTERMEDIATE NURSING CARE?
Intermediate Nursing Care is medically supervised health care
and services for individuals who do not require the level of care
and supervision provided by hospitals or nursing homes is called
Intermediate Nursing Care. Typically, the degree of care provided
is between acute and custodial care.
What is INTERMEDIARY?
An intermediary is a private insurance company contracted by the
Department of Health and Human Services for the purpose of
processing payments to patients and health care providers.
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