- Industri: Insurance
- Number of terms: 2862
- Number of blossaries: 0
- Company Profile:
Aetna, Inc. is an American diversified health insurance company, providing a range of traditional and consumer directed health care insurance products and related services, including medical, pharmaceutical, dental, behavioral health, group life, long-term care, and disability plans, and medical ...
Long-term care services are costly. Health plans, disability insurance and Medicare do not help much. They are not made for this type of care. Long-term care insurance can help cover the cost of this care.
Industry:Health care
This is a health condition. It was diagnosed or treated before the date a health plan’s coverage began.
Industry:Health care
These are personal care services. They help people who cannot care for themselves anymore. Services include help with bathing, dressing and eating. It may involve constant supervision and care. This care may be given at home or adult day care centers. It can also be given at assisted living facilities and nursing homes.
Industry:Health care
Employees may come down with an illness or injury. They may not be able to work for a long time. An LTD benefit through their employer helps protect them and their families from financial loss. It provides a source of income for a set time. This helps to maintain a percentage of the employees’ pre-disability income. Other income benefits outside the LTD plan may reduce the amount payable under an LTD plan. See “Other income benefits.”
Industry:Health care
This is a type of health benefits plan. Members can choose any doctor. They do not have to name a primary care physician. No referrals are needed. Members who go to network providers usually get more coverage. They may pay less for services.
Industry:Health care
This is for workers who will receive a pension when they retire. If they are disabled and cannot work for a long time, they might lose their full pension amount. This benefit pays into their pension even when they are disabled. It helps them get the full amount when they retire.
Industry:Health care
This is for workers who will receive a pension when they retire. If they are disabled and cannot work for a long time, they might lose their full pension amount. This benefit adds a little extra to their pension fund payments at retirement. It makes up for what they lost while disabled.
Industry:Health care
This is a phrase in a contract. It means an insurer can keep up life insurance coverage for a disabled employee. The employee does not pay for the coverage.
Industry:Health care
This is used mostly in health plans people buy on their own. It is how far back a health insurance company will look at their health records. If the period is 5 years, people must list all conditions they had or were treated for in the last 5 years. If the list is wrong or has certain health problems on it, the company can say no. They can also say yes and call for a pre-existing condition waiting period. This is the time someone must wait before the condition will be covered. Disability plans also have look-back periods. They may exclude benefits for disabilities caused by pre-existing conditions.
Industry:Health care
