What is the Definition of Point-Of-Service Plan?
Health insurance policy that allows the employee to choose between in-network and out-of-network care each time medical treatment is needed.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Annuity?
What is the Definition of Point-Of-Service Plan?
You can find random definition and meaning of insurance terms below:
What is the meaning of Cancellation
Termination of an insurance contract before the end of the policy period, by the insured or insurer.
What is the meaning of Carrier
The insurance company or insurer.
What is the meaning of Catastrophe
A disaster affecting a specific geographic area. Catastrophes often cause injury or even death; most result in extensive property damage. Hurricanes, floods, tornadoes, and even large hailstorms are typical examples of catastrophes.
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