Private Pay: (Out-of-Pocket) Any payment, reimbursement or refund in connection with healthcare services, products or supplies that does not derive or is unavailable from Medicare, Medicaid, Tricare, Veteran’s Administration or any other healthcare reimbursement program administered by a Governmental Authority.
Medicare: A program under the US Social Security Administration that reimburses hospitals and physicians for medical care provided to qualifying people over 65 years old and to younger people with Stage Five kidney disease.
Medicaid: a government insurance program for persons of all ages whose income and resources are insufficient to pay for health care.
Supplemental Insurance Coverage: Supplemental health insurance helps to pay for healthcare costs that aren’t typically covered by traditional health insurance. Some cover specific situations, like hospital or disability insurance, while others cover specific health conditions like cancer.
