Posts by letter

R

reinsurance

August 8, 2020 – Reinsurance is essentially insurance for insurance companies. Just like individuals count on their insurance company to cover a portion of… Read more

rationing

September 6, 2017 – Rationing in the context of health care refers to limiting the availability of some medical care for certain populations (or all… Read more

reasonable and customary fees

September 17, 2016 – The average fee charged by a particular type of health care practitioner within a geographic area. The term is often used by medical plans… Read more

rescission

September 17, 2016 – Rescission is an insurance industry practice in which an insurer takes action retroactively to cancel a policy holder's coverage by citing… Read more

rider

September 17, 2016 – A modification made to a Certificate of Insurance regarding the clauses and provisions of a policy (usually adding or excluding… Read more