Wednesday, May 21
Redetermination
The process wherein individuals that are currently enrolled in an exchange plan (either state or federal) must re-establish their eligibility on an annual basis.
Tuesday, May 20
Malpractice Insurance
Insurance for doctors and health care providers that covers the cost of malpractice lawsuits.
Monday, May 19
Medicare Part C
More commonly known as Medicare Advantage, a health insurance program of managed health care approved by Medicare and provided by private companies. Medicare Advantage plans combine Medicare Part A (hospital coverage) and B (doctor coverage) plus additional benefits all in one plan.
Thursday, May 15
Moral Hazard
A term referring to the likelihood of individuals making different choices due to insurance coverage; usually refers to people over-using medical services.
Wednesday, May 14
Elder Justice Act
A Provision of the ACA designed to protect the elderly from being targets of physical or psychological harm within the health care system.
Tuesday, May 13
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 lose their job. The original legislation required individuals to pay full premiums to continue their coverage through COBRA. A temporary subsidy of 65% of the premium cost for the purchase of COBRA coverage for individuals who have lost their jobs between September 1, 2008 and December 31, 2009 was provided through The American Recovery and Reinvestment Act (ARRA).
Monday, May 12
Day Treatment Center
Health center that provides care for patients not required to stay overnight; most commonly these centers treat mental health or substance abuse issues.
Friday, May 9
Quality Adjusted Life Years (QALYs)
A measure of success for a medical treatment or health intervention that looks at the life years gained but adjusted for the patient's quality of life post-treatment.
Thursday, May 8
Board Eligible
Individuals who have completed all preparatory work but have not yet been approved to practice medicine on their own.