Health Coverage

Blue Shield
Blue Shield is an independent, nonprofit, membership-based insurance plan that offers benefits covering expenses associated with medical and surgical procedures.
Catastrophe Policy
A major medical expense policy designed to pay all or nearly all expenses above a certain deductible amount, up to the limit of the policy.
Group Health Insurance
Group health insurance offers healthcare coverage to members of a defined group, such as employees of a business, union members, or association groups, facilitating access to a comprehensive range of medical services.
Medicare
Medicare, a federal health insurance program established under Title XVIII of the Social Security Act, provides basic health coverage to seniors aged 65 and over, individuals with permanent kidney failure, and those under 65 with long-term disabilities, administered by the Health Care Financing Administration with applications handled by the Social Security Administration.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.