Sentences with phrase «percentage of a health care cost»

The actuarial value of a plan tells you what percentage of health care costs that health insurance plan is expected to pay for its beneficiaries.
In choosing a health plan, if you don't mind paying higher premiums to have a greater percentage of your health care costs paid by your health insurer, a gold - tier plan might be a good choice for you.
Actuarial value is a measure of the percentage of health care costs that are paid by a health insurance plan.
A plan's metal level is determined by its actuarial value (AV), which is a measure of the percentage of health care costs that the health plan will pay, averaged across an entire standard population.
The concept itself is simple enough: A health plan pays a certain percentage of health care costs, and plan members pay the rest.

Not exact matches

Here's the critical fact: The AHCA increases those credits on a tight formula of inflation plus one percentage point, no matter how fast the actual cost of health care insurance rises.
The district is asking union members, who do not have co-payments on services and prescriptions, to be responsible for a higher percentage of their health - care costs.
One issue that any new contract must address is employee health care costs, which rise every year and are a large percentage of the county's budget.
Low - cost, high - volume health services account for a high percentage of unnecessary health spending, adding strain to the health care system, new UCLA - led research suggests.
A commission chaired by the City of Chicago's Comptroller issued a report earlier this week which said that Chicago can no longer afford its subsidies for government worker retiree health care, which currently cost the city $ 109 million annually but would grow to nearly $ 500 million in a decade thanks to projected increases in the number of retirees and in health care costs.The commission offered Mayor Rahm Emanuel a series of suggestions on how to change the program to save money, including having workers pay a greater percentage of their own health care premiums in retirement, but it also concluded that the city might want to simply end the subsidy program, a move which almost certainly would be challenged in court.
Secure Solution long - term care insurance provides tons of options, including a reimbursement benefit for actual LTC costs and a cash indemnity benefit which pays you a percentage of the policy's home health care benefit each month, after the elimination period has passed.
The cost to Deena was minimal as Canine Care Tampa Bay covers the majority percentage of the cost of the necessary health care, which made it possible for Deena to get Simon the help he neeCare Tampa Bay covers the majority percentage of the cost of the necessary health care, which made it possible for Deena to get Simon the help he neecare, which made it possible for Deena to get Simon the help he needed.
Where imposing such percentage share of the uninsured costs may work an injustice, the court may resort to the time ‑ honored practice of splitting uninsured health care costs equally, or by using other methods.
Under the ACA, all individual and small group plans have to cover a variety of services that are deemed essential health benefits, and all plans (including large group plans) have to cover at least 60 percent of average health care costs (this applies to a standard population; the percentage of costs covered for a given individual depends on the amount of health care the person needs over the course of the year).
The percentage of costs of a covered health care service you pay (20 %, for example) after you've paid your deductible.
Section 1302 (c)(4) of the Affordable Care Act directs the Secretary to determine an annual premium adjustment percentage, which is used to set the rate of increase for three parameters detailed in the Affordable Care Act: the maximum annual limitation on cost sharing (defined at § 156.130 (a)-RRB-, the required contribution percentage by individuals for minimum essential health coverage the Secretary may use to determine eligibility for hardship exemptions under section 5000A of the Code, and the assessable payment amounts under section 4980H (a) and (b) of the Code (finalized at 26 CFR 54.4980 H in the «Shared Responsibility for Employers Regarding Health Coverage,» published in the February 12, 2014 Federal Register (79 FR 8544)health coverage the Secretary may use to determine eligibility for hardship exemptions under section 5000A of the Code, and the assessable payment amounts under section 4980H (a) and (b) of the Code (finalized at 26 CFR 54.4980 H in the «Shared Responsibility for Employers Regarding Health Coverage,» published in the February 12, 2014 Federal Register (79 FR 8544)Health Coverage,» published in the February 12, 2014 Federal Register (79 FR 8544)-RRB-.
Higher value plans have higher premiums, but they pay a higher percentage of your health care expenses than lower - cost, lower value plans.
It is a co-sharing agreement between the insurer and the insured under which the insured pays the percentage of the cost of a health care service.
A bronze health plan is a type of health insurance that pays, on average, 60 percent of average enrollees» health care expenses (but this is an average across all enrollees — the percentage of your costs that the plan covers will vary tremendously depending on whether you need a lot of medical care during the year, or not much at all).
In other cases, this type of insurance will also cover the funeral costs for someone killed in an auto accident that you cause, and will often cover some percentage of lost wages and home health care for someone whose injury is very serious.
Your health insurance company can structure the cost - sharing reduction however it wants as long as the health plan pays the correct percentage of overall average health care expenses.
This is a measure of actuarial value (the percentage of health costs that a plan is expected to cover across the full population of enrollees; the actual coverage percentage for a specific individual will depend on how much health care is used).
Secure Solution long - term care insurance provides tons of options, including a reimbursement benefit for actual LTC costs and a cash indemnity benefit which pays you a percentage of the policy's home health care benefit each month, after the elimination period has passed.
ADVERSE SELECTION Occurs when plan enrollees include a higher percentage of high - risk individuals than are in the average population, resulting in the potential for greater health care utilization and, therefore, increased costs.
The weekly cost of work - related childcare is placed directly on the New Jersey Child Support Worksheet and like the health care adjustment is allocated between the parents in proportion to their percentage of the total combined parental income.
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