Tweet This

Inpatient Prospective Payment System (IPPS)

Medicare's system of paying for inpatient hospital care based on a set price for that diagnosis (DRG) that is then adjusted for factors such as patient severity and medical cost adjustment.

COBRA

Consolidated Omnibus Budget Reconciliation Act of 1985. Through this act employees are able to continue their employer-sponsored coverage for up to 18 months if they…