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What is comprehensive coverage?

Comprehensive coverage is an important aspect of auto insurance that provides protection against a range of non-collision damages. Understanding the basics of comprehensive coverage, its importance, w...

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What is Competitive bidding?

Competitive bidding is a concept widely used in various industries to select suppliers or contractors for projects or services. This process involves inviting stakeholders to submit offers or proposal...

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What is community rating?

Community rating is a concept that plays a crucial role in the insurance industry. It helps determine the premiums individuals and businesses pay for their insurance coverage. Understanding community ...

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What is coinsurance?

Coinsurance is a term often used in insurance policies, but what exactly does it mean? In this article, we will delve into the intricacies of coinsurance to help you understand its basics, how it diff...

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What is COBRA?

COBRA, which stands for Consolidated Omnibus Budget Reconciliation Act, is a federal law passed in 1986 that provides temporary continuation of group health coverage for certain individuals who would ...

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What is claim?

In the realm of logic and argumentation, a claim plays a fundamental role. Yet, for many, the concept of a claim remains somewhat elusive. If you find yourself perplexed by this notion, fear not! In t...

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What is Certified Application Counselor?

A Certified Application Counselor (CAC) is a healthcare professional who provides assistance and guidance to individuals seeking health insurance coverage. CACs play a crucial role in helping individu...

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What is certificate of insurance?

The certificate of insurance is a document that provides proof of insurance coverage. It serves as evidence that a person or organization has the necessary insurance policies in place to protect again...

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What is capitation?

Capitation is a term often used in the field of healthcare. It refers to a method of payment that is based on the number of individuals enrolled in a particular healthcare plan or program, rather than...

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What is cancer insurance policy?

Cancer insurance policy is a type of insurance coverage specifically designed to provide financial protection in the event of a cancer diagnosis. It is an additional policy that can be purchased along...

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What is Bronze plan?

In today’s rapidly changing world, it is essential to have comprehensive health insurance coverage. With numerous options available, it can be overwhelming to understand the different plans and ...

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What is Brand name (drugs)?

Brand name drugs are a common term in the pharmaceutical industry, but what exactly do they refer to? In this article, we will delve into the concept of brand name drugs, exploring their definition, h...

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What is benchmark plan?

A benchmark plan is a crucial component of strategic planning for businesses across industries. This article aims to provide a comprehensive understanding of benchmark plans, their significance in bus...

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What is Authorized representative?

An authorized representative is an individual or entity that has been given the legal authority to act on behalf of another person or organization. In various industries and legal contexts, an authori...

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What is Attest/Attestation?

Attestation is a term that is commonly used in various contexts, including legal, educational, and medical fields. It is a process that involves verifying the authenticity and accuracy of documents or...

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What is Application ID?

Application ID plays a crucial role in software development, particularly in the realm of mobile and web app development. It serves as a unique identifier for an application, distinguishing it from ot...

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What is annual limit?

The concept of an annual limit plays a crucial role in various aspects of our lives, including health insurance and credit card usage. It is essential to understand what an annual limit is, how it wor...

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What is Annual deductible combined?

Health insurance is a critical component of our lives, helping us manage the cost of medical care and provide financial protection in case of emergencies. One essential aspect of health insurance is u...