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Medicare Payment Advisory Commission (MedPAC)

A panel that makes recommendations about Medicare payment policy to Congress. The panel composes two annual reports to Congress with their findings.

Medicare Payments for Hospital Readmissions

Provision that reduces payments to hospitals for preventable hospital re-admissions.

Medicare Prevention Benefits

Benefits designed to increase early disease detection rates and improve health outcomes (i.e. cancer screenings).

Medicare Value-Based Purchasing

Programs designed to adjust hospital pay rates based on the performance of the individual institutions.

MediGap Coverage

Supplemental private insurance plans sold to fee-for-service Medicare beneficiaries that cover their cost sharing.

MEDI-MEDI

Another term for dual eligibles.

Member

A term for an individual with health coverage, also called policy holder, beneficiary or enrollee

Mental Health Parity Act (MHPA)

Legislation which requires that mental health benefits be on par with medical and surgical benefits offered by a group health plan.

Mini-Med Plans

Health plans that offer limited coverage, usually at lower cost, but with high deductibles

Minimum Creditable Coverage

Refers to the minimum level of benefits that must be in an insurance plan in order to consider an individual to be insured.

Electronic Medical Record

A digital record of health information of individual patients shared across health care settings. Also known as an Electronic Health Record.