Related Words

Claim Status: Claims are Paid, Pended, Denied, or Received-Not-Yet-Processed.

Functional Status: A patient's ability to perform the activities of daily living.

Insurance Claim: A broker, independent of any insurance company, who represents the interests of the buyer in searching for insurance coverage at the lowest cost and providing the highest benefit to the buyer.

Family Status Change: Used to define changes to an individuals existing family standing. Typically found in health care benefit plans covered by section 125 of the Internal Revenue Code. IRC 125, does not allow . . . View Full Definition

Marketed Claims: Claims that can be bought and sold in financial markets, such as those of stockholders and bondholders.

Familial Status: Familial status is defined as one or more individuals who have not obtained the age of eighteen (18) years, being domiciled with a parent or other person having custody, or anyone who is pre . . . View Full Definition

Equity Claim: Net worth per share of common shareholder's equity investment (including retained earnings) at corporate book value.

Pended Claim: Claims that require additional information prior to completing the adjudication process due to a specific reason code.

Status Change: A lifestyle event that may cause a person to modify their health benefits coverage category. Examples include, but are not limited to, the birth of a child, divorce or marriage.

Tax Status Election: Computer software designed to assist taxpayers in filling out tax returns and minimizing tax liability.