Concurrent Periods

Definition

  • In the event that an insured patient requires medical treatment for multiple different illnesses and/or injuries at the same time, benefits are paid together as if all ailments came from the same source.

Synonyms
simultaneous timing

Related Terms and Acronyms

  • Group Health Insurance Plan Definition,
    • Health insurance that covers a large group of people, often as part as a employee benefit package.
  • Health Insurance (HI) Acronym,
    • Insurance that covers the costs of medical expenses for insured persons.
  • Health Maintenance Organization (HMO) Acronym, Important,
    • A healthcare plan where insured people receive reasonably priced health insurance through an organization with firm guidelines on the scope of care.
  • Least Expensive Alternative Treatment (LEAT) Acronym,
    • When multiple treatment options exist for the same illness, insurers are only obligated to provide the most cost effective treatment.
  • Point of Service Plan Definition,
    • A health insurance plan that combines the features of both health maintenance organizations and preferred provider organizations.
  • Preferred Provider Organization (PPO) Acronym,
    • A health care program that gives its members a level of freedom and independence when choosing health care options.
  • Successive Periods Definition,
    • When multiple hospital stays are considered as one when the stays are a result of, or are related to, a single medical condition.
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