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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.

Section 125 Plan

A plan that allows for employees to pay for health insurance premiums and receive certain benefits on a pre-tax basis.