what is subsidized health care definition
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How the ACA Health Insurance Subsidy Works What is a subsidy? A health care subsidy is financial assistance from the government that you could be eligible for to help you pay for health insurance. Your eligibility is generally determined by your household income and family size. To see if you’re eligible for a subsidy, check out this health care calculator.
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subsidy 1. a direct financial aid furnished by a government, as to a private commercial enterprise, an individual, or another government. 2. any grant or contribution of money. 3. money formerly granted by the English Parliament to the crown for special needs. [1325–75; Middle English subsidie < Anglo-French < Latin subsidium auxiliary force, reserve, help =sub- sub- + sid-, comb. form of sedēre to sit]
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PPO Preferred Provider Organization. A health care organization composed of physicians, hospitals, or other providers which provides health care services at a reduced fee. A PPO is similar to an HMO, but care is paid for as it is received instead of in advance in the form of a scheduled fee.
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Diagnostic Tests for Hypocalcemia Diagnostic Tests for Hypocalcemia. Diagnostic Test list for Hypocalcemia: 1  PTH level - If PTH level is low must consider hypoparathyroidism (low parathyroid gland function).  Phosphorus level - A decreased phosphorus level may suggest malabsorption syndrome, rickets, osteomalacia, renal tubular acidosis, cirrhosis and nephrotic syndrome.
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Definition of Subsidized Loans A subsidized loan is designed to not only help a student pay for college, but also to make the cost of the loan very inexpensive. The loan is issued on a term-by-term basis in the amount of tuition required. The U.S. Department of Education pays the college directly.
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Healthcare Plan Information Fee-for-Service (FFS) Plans (non-PPO) A traditional type of insurance in which the health plan will either pay the medical provider directly or reimburse you after you have filed an insurance claim for each covered medical expense. When you need medical attention, you visit the doctor or hospital of your choice.
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What you need to know about Medicare coverage, eligibility, enrollment and costs DEFINITION of 'Medicaid'. A joint federal and state program that helps low-income individuals or families pay for the costs associated with long-term medical and custodial care, provided they qualify.Although largely funded by the federal government, Medicaid is run by the state where coverage may vary.Next Up. joint federal and state program that helps low-income individuals or families pay for the costs associated with long-term medical and custodial care, provided they qualify. Although largely funded by the federal government, Medicaid is run by the state where coverage may vary. Next Up.
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House panel approves change to income definition for subsidized insurance By Jessica Zigmond | October 14, 2011. Members of the House Ways and Means Committee on Thursday approved a measure to change the definition of income used in the healthcare reform law that determines the eligibility for insurance exchange subsidies, Medicaid and the Children's Health Insurance Program.
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- Define subsidize: to furnish with a subsidy: such as; to purchase the assistance of by payment of a subsidy — subsidize in a sentence to furnish with a subsidy: such as; to purchase the assistance of by payment of a subsidy… See the full definition
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- Medical Definition of managed care. : a system of providing health care (as by an HMO or a PPO) that is designed to control costs through managed programs in which the physician accepts constraints on the amount charged for medical care and the patient is limited in the choice of a physician.
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Medicaid Medicaid is a joint federal-state program that provides certain health cost benefits to certain low income people and families. Medicaid is a means-tested program, meaning that you must meet income and financial guidelines to qualify.
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Why is Medicaid Important? Created by Congress in 1965, Medicaid is a public insurance program that provides health coverage to low-income families and individuals, including children, parents, pregnant women, seniors, and people with disabilities. Medicaid is funded jointly by the federal government and the states. In 2014, Medicaid provided health coverage for 80 million low-income Americans. Each state operates its own Medicaid program within federal guidelines. Because the federal guidelines are broad, states have a great deal of flexibility in designing and administering their programs.
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- What is Medicaid? Medicaid is a program created by the federal government, but administered by the state, to provide payment for medical services for low-income citizens. People qualify for Medicaid by meeting federal income and asset standards and by fitting into a specified eligibility.
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- You are Here: Home Page > Managed Care > Managed Care Managed Care Managed Care is a term that is used to describe a health insurance plan or health care system that coordinates the provision, quality and cost of care for its enrolled members.
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employer shared-responsibility payment Definitions for common health insurance terms. employer shared-responsibility payment. DEFINITION: Since 2015, employers with at least 50 full-time equivalent employees have been required to offer affordable, minimum essential coverage to their full-time employees and if it least one employee got a policy in the exchange with a subsidized premium.
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Medicaid Program Medicaid is a joint federal and state program that provides free or low-cost health coverage to millions of Americans, including some low-income people, families and children, pregnant women, the elderly, and people with disabilities. The federal government provides….
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Minnesota Health Insurance Network Minnesota Care. Minnesota Care MNCare Post 2014 - is a subsidized health care program for low- income people who live in Minnesota and do not have access to affordable health insurance. MNCare was created in 1992 by the Minnesota Legislature and is administered by the Minnesota Department of Human Services.
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Office for People With Developmental Disabilities Managed care is a term that describes a health insurance plan or health care system that coordinates the provision, quality and cost of care for its enrolled members. Managed care is designed to coordinate care effectively and provide better access to services and supports.
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Benefits The health care items or services covered under a health insurance plan. Covered benefits and excluded services are defined in the health insurance plan's coverage documents. In Medicaid or CHIP, covered benefits and excluded services are defined in state program rules. Back to Glossary Index.
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- Managed Care is a system of health care that controls cost of services, manages the use of services, and measures the performance of health care providers. There are different types of managed care plans.
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Unnecessary health care Unnecessary health care. Unnecessary health care (overutilization, overuse, or overtreatment) is healthcare provided with a higher volume or cost than is appropriate.
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Managed Care You are Here: Home Page > Managed Care > Managed Care. Managed Care is a term that is used to describe a health insurance plan or health care system that coordinates the provision, quality and cost of care for its enrolled members.
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- Subcepltetlon-An arrangement In which a health care provider receiving capitated income pays subcontracting providers (for example, for specialty services) on a capitated basis with the subcontracting providers taking the financial risk of providing the subcapitated services, the payment representing subcapitation.
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Self-Funded Plan A self-funded plan is a type of health insurance in which a company directly funds the costs of health care for its employees instead of using the products and services of an insurance company. So, with a self-funded plan, companies essentially act as health insurers.
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- The term managed care has become a buzzword -- and not everyone knows what it means. Simply stated, managed care refers to health care insurance plans designed to provide care at the lowest possible cost. In order to make coverage affordable, managed care plans require that patients follow certain rules.
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House panel approves change to income definition for subsidized insurance The definition in the current law, the committee asserts, results in millions of households being eligible for subsidized health insurance that is designed for those with fewer financial resources.