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Federal Medical Assistance Percentage (FMAP)

The total percent of a state’s Medicaid expenses that are paid for by the federal government. This percentage can vary from 50 percent to 83 percent. The FMAP for beneficiaries made eligible by the Affordable Care Act’s voluntary Medicaid expansion provisions will be 100 percent initially, scaling back to 90 percent in future years.

Co-insurance

A health insurance cost-sharing method in which there is a percentage of medical claims paid by the plan member after the deductible has been met…