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Medicare Beneficiary Drug Rebate

Under the Affordable Care Act, a one-time, tax-free $250 rebate offered to eligible Medicare beneficiaries who surpass Part D prescription drug coverage limits - an area colloquially referred to as the "donut hole". The rebate serves to assist Medicare enrollees with limited incomes to afford the medications they need.

Physician-Hospital Organization (PHO)

Organizations, either legal or informal, that link hospitals with their medical staff. PHOs can be open or closed to any member based on qualifications.