Glossary - Know exactly like a health insurance expert!
- What is Qualified Medicare Beneficiary (QMB)?
- This is a person whose income is below the federal poverty guidelines. In these cases, the state is required to pay the Medicare Part B premiums, plus any deductibles or copayments.
- What is Qualifying Event?
- An occurrence (such as death, termination of employment, divorce, etc.) that triggers an insured's protection under COBRA, which requires continuation of benefits under a group insurance plan for former employees and their families who would otherwise lose health care coverage.
- What is Quality Assurance?
- Activities involving a review of quality of services and the taking of any corrective actions to remove any deficiencies.
- What is Quarantine Benefit?
- A benefit paid for loss of time resulting from the quarantining of an insured by health authorities.
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