Application Service Provider (ASP)
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Application Service Provider (ASP): Company that provides a Web-based service. Clients don't have to install software on their own computers; all tasks are performed on (hosted on) the ASP's servers.
Point-Of-Service (POS) Plan: A health plan allowing the member to choose to receive a service from a participating or non-participating provider, with different benefits levels associated with the use of participating providers.
Point-Of-Service (POS) Product: A healthcare option that allows members to choose at the time medical services are needed whether they will go to a provider within the plan's network or seek medical care outside the network.
Preferred Provider Arrangement (PPA): As defined in state laws, a contract between a healthcare insurer and a healthcare provider or group of providers who agree to provide services to persons covered under the contract. Example . . . View Full Definition
Preferred Provider Organization (PPO): A healthcare benefit arrangement designed to supply services at a discounted cost by providing incentives for members to use designated healthcare providers (who contract with the PPO at a d . . . View Full Definition
Plan Provider: The plan provider of a retirement savings plan, such as a 401(k), 403(b), or 457 plan is the mutual fund company, insurance company, brokerage firm, or other financial services company that . . . View Full Definition
Over-The-Air Service Provisioning (OTASP): The ability of carriers to add new types of services to a customer's handset by using the wireless network instead of requiring the customer to bring the phone to a carrier's location for re . . . View Full Definition
Participating Provider: A physician, hospital, pharmacy, laboratory or other appropriately licensed facility or provider of health care services or supplies that has entered into an agreement with a managed care en . . . View Full Definition
Passport-Visa Service: A service that will take your passport and hand carry, if necessary, to the appropriate embassy in order to expedite a visa. Can be expensive if you have waited until the last minute to obta . . . View Full Definition
Personal Communications Service (PCS): A second-generation digital voice, messaging and data cell phone system in the 2GHz range. PCS is supported mostly by GSM. PCS systems use a different radio frequency (1.9 GHz band) than cel . . . View Full Definition
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Pinch Hitter: A hitter who substitutes in the line-up for a starting player. The original batter can’t return to the game, so the pinch hitter or a third person tak . . . Full Definition