Medical Insurance: What is Medical Insurance Administration? - Terminology

Terminology - Medical and insurance terminology, as with most industries, has its own language.

As you saw previously - co-pay, deductible, coinsurance - those words are terminology relating to what is known as your out-of-pocket expenses.

Provider is a single word that means physician, nurse practitioner, hospital, ambulance driver, whoever is providing you with a service relating to your medical care.

Some of the terminology will be highlighted for you to easily recognize as belonging to the language of medical insurance and health care.