Term | Definition |
---|---|
Account Verification | An online request made to establish the validity of a bank or credit card account. |
Associated Plan | Any additional benefit plans associated with the primary person. |
Associated Individual | Anyone affiliated with the plan such as the plan's payer and owner. |
Cardholder Name | Credit Card holder's name as it appears on the card. |
Confirmation Number | A reference number used for tracking payments. |
Covered Person | An individual that is covered under the benefit plan. |
Payment Amount | The amount of payment including any upgrade/increase in coverage. |
Payment Method | The method of payment used which can be Credit Card, Debt Card, or Checking Account. |
Payment Mode | The frequency of billing and payment for an account (monthly, quarterly, semi-annually, annually). |
Pending Payments | A payment submitted but not yet posted to an account. |
Plan Number | A unique identifier that points to a specific benefit plan for a specific primary person and associated individuals. |
Policy Number | Same as plan number (see above). |
Primary Person | An individual in whose name the benefit plan is written. |
Routing Number | A numerical value that uniquely identifies a bank. The number is located on your check and is always nine digits long. |
Security Code | Provides additional level of online fraud protection. The number is located on your credit card and is generally three to four digits long. |