point-of-service (POS) option

1. Under a managed care plan or Medicare managed care plan, an opportunity for a member or beneficiary to choose doctors and hospitals outside the plan for an additional cost. 2. Option under TRICARE Prime that allows self-referral for any TRICARE-covered nonemergency services outside the prime network of providers.

point-of-service (POS) plan

Managed care plan in which members are given a choice as to how to receive services, whether through an HMO, PPO, or fee-for-service plan. They may choose a nonparticipating provider (higher cost) or participating provider, with different levels associated with the use of participating providers, and with or without a referral. The decision is made at the time the service is necessary (i.e., “at the point of service”); sometimes referred to as open-ended HMOs, point-of-service (POS) program, swing-out HMOs, self-referral options , or multiple option plans.

Policy advisory group

Generic name for many work groups at Workgroup on Electronic Data Interchange (WEDI) and elsewhere. WEDI is a subgroup of the Accreditation Standards Committee X12 that has been involved in creating electronic data interchange standards for insurance billing transactions.

Policy anniversary

MEDICAL,USA,REFERENCE: See: anniversary date.
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The anniversary of the date a policy began. This information is usually listed within the policy’s declarations page.
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The anniversary of the date of issue of a policy as show in the policy declarations.