Glossary
We've compiled a list of common health care and health insurance related terms to help you better understand words commonly used in our industry and on our web site.
Terms appear in alphabetical order. To use the glossary, please choose the first letter of the term you would like to view.
M
MANDATED BENEFITS
Those benefits which health plans are required by state of federal law to provide to policyholders and eligible dependents.
MEDICAID
A federal program administered and operated individually by participating state and territorial governments which provides medical benefits to eligible low income persons needing health care. The costs of the program are shared by the federal and state governments.
MEDICARE
The programs of health care for the aged and disabled established by Title XVIII of the Social Security Act of 1965, as amended.
MEDICARE BENEFICIARY
A person who has been designated by the Social Security Administration as entitled to receive Medicare benefits.
MEMBER
The subscriber or dependent (i.e., all eligible persons covered under the contract).
