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

payment reform

Payment reform seeks to improve current mechanisms for reimbursing providers by including rewards for provider quality in the reimbursement mechanisms. (See ACA chapter.)

payroll tax

A flat percentage tax collected on salaries and wages. A payroll tax of 7.65 percent on both employers and employees finances Social Security cash benefits and Medicare Part A hospital services. Of that 7.65 percent, 1.45 percent each, or a total of 2.9 percent of...

per capita cap

A proposed method of federal Medicaid funding in which the federal government sets a limit on funding per state enrollee. This method does provide additional funding if enrollment increases, but not if average costs per enrollee increase.

personalized medicine

A medical model that emphasizes the customization of health care to the individual patient. Personalized medicine commonly denotes the use of some kind of technology or discovery that allows a level of personalization that was not previously feasible. Currently, the...