insurance

What is diagnosis related group?

 

What is a diagnosis related group?

The Bankrate.com financial term of the day is: "diagnosis related groups" or "DRGs."

The human body is a complicated machine, and so many, many things can go wrong and send a person to the hospital. To simplify matters for insurance purposes, diagnosis related groups, or DRGs, lump ailments together into categories. An insurer might reimburse a standard amount for treatment in a category, regardless of the patient's illness.

When you're in the hospital, your precise problem may not be as important to your insurer as your diagnosis related group, or DRG, which classifies your affliction for payment.  

To compare insurance policies, get a quote by visiting the Insurance section at Bankrate.com.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
advertisement
advertisement

Blog

Tara Baukus Mello

AAA survey: American drivers don’t trust car repair shops

Two-thirds said they distrust car mechanics, citing overcharges, recommendations for unnecessary services and previous bad experiences with repair shops.  ... Read more


Connect with us