A B C D E F G H I J L M N O P Q R S T U V W Y

experience rating

Process of determining insurance premiums for a group that is based wholly or partially on that particular group’s past use of services and expenses incurred. (Contrast with community rating and modified community rating.)

family caregiver

Spouses, children, in-laws and other relatives and friends who volunteer to help with personal care, medication management and a range of household and financial matters. Sometimes referred to as “informal caregiver.”

Federal Employees Health Benefits Program

Health care plans offered to federal civilian employees who can annually choose among a number of approved, community-rated private health insurance plans. The federal government pays a major portion of the cost of the coverage.

Federal Medical Assistance Percentage

Percentage used to determine the amount of federal matching funds for state Medicaid expenditures. Before the recession of 2007-2009, the FMAP was not less than 50 percent or more than 80 percent. Congress increased the federal matching as part of the American...

federal poverty guideline

The federal government’s working definition of poverty that is used as the reference point to determine eligibility for certain public programs, including Medicaid and the Children’s Health Insurance Program. Sometimes called federal poverty level/line...