Managed Indemnity Plans: Health insurance plans that are administered like traditional indemnity plans but which include managed care 'overlays' such as precertification and other utilization review techniques.

 

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Managed Indemnity Plans: Health insurance plans that are administered like traditional indemnity plans but which include managed care 'overlays' such as precertification and other utilization review techniques.

Managed Float: Also known as 'dirty' float, this is a system of floating exchange rates with central bank intervention to reduce currency fluctuations.

Managed Dental Care: Any dental plan offered by an organization that provides a benefit plan that differs from a traditional fee-for-service plan.

Managed Care Organization (MCO): Any entity that utilizes certain concepts or techniques to manage the accessibility, cost, and quality of healthcare. Also known as a managed care plan.

Managed Care: A medical delivery system that attempts to manage the quality and cost of medical services that individuals receive. Most managed care systems offer HMOs and PPOs that individuals are encour . . . View Full Definition

Noninsured Plans: Defined benefit pension plans that are not guaranteed by life insurance products. Related: Insured plans.

Passively Managed: An index mutual fund or exchange traded fund is described as passively managed because the securities in its portfolio change only when the make-up of the index it tracks is changed. For exa . . . View Full Definition

Workers Compensation Indemnity Benefits: Benefits that replace an employee's wages while the employee is unable to work because of a work-related injury or illness.

Transitional Benefits-Plans: When an employer changes insurance carriers, transition plans enable participants already in treatment to transition to an in-network health provider. It gives the patient and their current . . . View Full Definition

Tax-Deferred Retirement Plans: The effect of creating a tax deduction, such as charitable contributions and mortgage interest.