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Even though 5G technology has a lot of advantages, many

Key Term Answer Definition a. Beneficiary Individual who purchases health insurance coverage b. Guarantor Group of individuals or entities who have a similar risk of loss c. Insurance Insurance company or health agency that pays the provider for the care or services provided to the patient d. Policyholder An individual who is eligible for benefits from a health plan e. Premium Person who is responsible for paying the bill for healthcare services f. Reimbursement Amount of money that must be periodically paid to a health insurance company in return for healthcare coverage. g. Risk pool Reduction of a person’s exposure to risk of loss by having another party assume the risk h. Third-party payer The amount paid to a healthcare provider for services provided to a patient.

 
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