One life insurance contract that gives coverage to all members of a family. Generally this is whole life insurance on the wage earner, whole life or term insurance on the spouse, and smaller amounts of term insurance on the children including automatic insurance with no premium increase for children born after the policy is issued.
Tag: MEDICAL
Family member
Under Medicare Secondary Payer guidelines, a person enrolled in a group health plan based on another person’s enrollment (e.g., spouse, adopted child, stepchild, parent, sibling).
Family membership
Health insurance plan that covers a subscriber or member and one or more dependents.
Family policy
Life insurance contract that insures all or several family members. Usually the husband is under a whole life arrangement and the rest of the family is under term insurance, as well as those born after issuance of the policy.
Family practice physician
See: family practitioner (FP) .
family practitioner (FP)
Medical doctor (MD) of the specialty of family medicine. He or she has usually completed a residency program in the specialty of family practice. Services may include internal medicine, pediatrics, and some surgical procedures. See general practitioner . Also called family practice physician .
Favorable selection
System in a managed care plan of choosing insurance subscribers or covered lives based on statistical data that show use of medical services in a particular population group to be lower than estimated or anticipated. See also cherry picking .
fecal occult blood test (FOBT)
Guaiac-based test for peroxidase activity that the patient completes by taking samples from two different sites of three consecutive stools. CPT codes 82270 through 82274 and HCPCS codes G0107 and G0328 apply to this test.
Federal Acquisition Regulation (FAR)
System established for the codification and publication of uniform policies and procedures for acquisition by all executive government agencies.
Federal Bureau of Investigation (FBI)
Government agency that investigates and prosecutes federal offenses and criminal activities. It plays an active role in investigating health insurance fraud and abuse related to federal or private health insurance programs. It has direct access to Medicare administrative contractor data and other records.