Prepaid Group Practice Package
Definition of "Prepaid group practice package"
Health insurance plan where a group of physicians and dentists provide medical services to a group of individuals for a predetermined fee. It is a basic type of HEALTH MAINTENANCE ORGANIZATION (HMO).
Popular Insurance Terms
Method whereby an insurer pays the amount of each claim for each risk up to a limit determined in advance and the reinsurer pays the amount of the claim above that limit up to a specific ...
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Prospective insurance applicant who has questionable underwriting characteristics. ...
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