Glossary of Today's Health Care Terms

SIMPLIFYING THE COMPLICATED – -will not be further defined as long as both t ualifier and the word being qualified are both entries In the case of a family of words obviously related to a mmon English word but differin rious easily recognizable suffixes given only at the base word, eve Tivatives may been an English: Glossary of Today's Health Care Terms ertain American Indian languag languages that are infrequen ith the phonetic symbe hese symbols theght of a vowel k vowel length; a book below a vowel letter consonant letter right of a co bol ɔ to reno wel; the Gre 1, and ve bol x to re and the sy eral affrica etymolog st, Lhasa ap ermed qual of the same measure, quantity, amount, or number as an qual-i-ty adj (ME, fr.L aequalis. lity; an apostr tal release; a su sonant letter to mark la \ó): the symbol i to rende letters B, 8, and y to ren fricatives; the symbol der \k\; the symbol ? to bol 2 ("crossed lambd. Examples of these sym thabasce lily. n...1: the quality or state of being equal qual-ize ?:? hile e as actual bor ench) froLatir Incorporag mà orks completed in r d and Middle English ply the label "Anglo edieval French wo ench documents is treatment s then were iters who ench as w of E om one to a nglo-French" shoute on is attested exclrs eat majority of cases ntinental northern Fren e French of Paris and its rdndings ench is one dialect of medval rench, main of wider labels pld French ench," which cover all dia cts French e time frames. A similanauon applie ords: English, equality nglish (via Anglo- O scholarly reference the etymologies of late rowed from Frene bbrevia \have befo LOR R TRUCTED Cal tivate rds m Suages mean -French a cognat rdy a Defe sted or h idence. ek of evid means that it is nstructed by mea es, the assumpti bore bära) (1601) ed bef e Modn English, though that itas bo owed from Scandir The c e ofe word battlement ataillement, fr. bataille ... ... .. We live in a world of complicated health care rules and intricacies that further perplex us with its own jargon. Many employees don't fully understand the definition of these health care terms which impacts their ability to make wise health insurance decisions. Consider the following statistics. FEDERAL & STATE EXCHANGES 1000076% The following percentage of U.S. workers are not knowledgeable about the following health care components: HEALTH REIMBURSEMENT ACCOUNTS 100000000000011( 49% HEALTH SAVINGS ACCOUNTS 100000032% HIGH DEDUCTIBLE HEALTH PLANS 100031% The majority of U.S.companies admit they have a low understanding of health care reform, while only 27% understand it extremely or very well. 55% of workers have done nothing to prepare for possible changes to the health care system. Simultaneously, a full 75% of today's workers agree with the statement, "I believe my employer will educate me about changes to my health care coverage as a result of the health care reform." - Aflac 2013 Workforce Report .... ... cky Mountain spotted fever used by a rickettsia (Rickettsia rickettsii) usu. transmitted by an ixo- d tick and esn. either the American dog tick or a wood tick (Derma- ntor and almonds), a group of closely related kinds of anim (ne Canin whinh includae domeetin done oountae inck Lcte nd-fl rand ansr Glossary of Health Care Terms ens in it ithir cies Employees'lack of health care understanding leaves employers in the position of educating individuals about this complicated industry. While organizations aren't required to invest in this employee education, they would be wise to do so since employee health decisions affect pup eva nar lici: ps ld. e s productivity, morale and absenteeism. pec me ere onte le, me, This glossary of health care terms serves as a foundation to help employees master the intricacies car of how to survive in the today's health care industry. us pro the OSS- owe s na sec pec be be AFFORDABLE ary CARE ACT (ACA) (Also referred to as the Patient Protection & Affordable Care Act) Employee Perception (VS) Actual Definition The boring, complicated new health care law that has been hogging all the news lately, instead of my sports scores, the latest American Idol updates, and human interest stories about kittens stuck in trees. Comprehensive health care reform that was signed into law in March 2010 by President Obama. The law makes preventive care – including family planning and related services – more accessible and affordable for many Americans. While some provisions of the law have already taken effect, many more provisions will be implemented in the coming years. - U.S. Department of Health & Human Services CONSUMER-DRIVEN HEALTH CARE Employee Perception (VS) Actual Definition The insurance company's recent push to cut costs by giving you a discount if you drive yourself to the e rather than using an ambulance. You receive bonus discounts if you drive yourself to the hospital while you're at the risk of going unconscious. Consumer-Driven Health Care Plans (CDHPS) are health insurance plans – usually high-deductible plans -– linked to either an employee-owned health savings account (HSA) or an employer- owned health reimbursement emergency room arrangement (HRA). - Society for Human Resources Management 72% of workers have not heard of the phrase "consumer-driven health care." Of those who had, 38% said that although they have heard of the phrase, they don't understand it very well or at all. - Aflac 2013 Workforce Report DEDUCTIBLE Employee Perception (VS) Actual Definition The minutes, hours and years deducted off my life when I try to figure out the best health plan for me or when I have to call the insurance company to determine what I'm going to pay. A fixed dollar amount during the benefit period – usually a year – that an insured person pays before the insurer starts to make payments for covered medical services. - Bureau of Labor Statistics EMPLOYER SHARED RESPONSIBILITY PROVISION Employee Perception (VS) Actual Definition The requirement that my employer shares in the investment of my health. I think this "cost sharing" should include complimentary gym membership, free healthy dinners and unlimited naps, which have been proven to increase worker productivity. The Employer Shared Responsibility provision of ACA, also known as the "employer mandate" or the provision, "play-or-pay" 50 or moreduires employers with l-time equivalent more employees to offer affordable, minimum essential coverage to substantially all of its full-time employees by 2015. Failure to do so can result in financial penalties imposed on the employer. - CDPHP ESSENTIAL HEALTH BENEFITS Employee Perception (VS Actual Definition A set of health care service categories that must be covered by certain plans, My employer's responsibility to provide me quality health benefits. Ideally these benefits would include the following free services: stress-relieving trips to the spa, all the smoothies I can eat, a personal chef and laundry service. starting 2014. Essential health benefits must include items and services within at least the following 10 categories: ambulatory patient services; emergency sorvices services; hospitalization; maternity and newborn care; mental health and substance use disorder services: prescription drugs; rehabilitative and habilitative services and devices; laboratory services; preventive and wellness services and chronic disease management; and pediatric services. - HealthCare.gov FEDERAL & STATE HEALTH CARE EXCHANGES Employee Perception (VS Actual Definition This is where you go when you want to exchange your health insurance for a better benefit, like car insurance or a good 401(k) plan. Health insurance marketplaces where individuals and small businesses will be able to shop for coverage. States can build a fully state-based marketplace, enter into a state-federal partnership marketplace or default to a federally-facilitated marketplace. - Kaiser Family Foundation The majority of workers (76%) said they are not very or not at all knowledgeable about federal and state health care exchanges. - Aflac 2013 Workforce Report HIGH-DEDUCTIBLE HEALTH PLAN Employee Perception (VS) Actual Definition A health plan that means I won't be taking a vacation this year...or next year or the year after that. A plan that requires significantly higher up-front, out-of-pocket spending than traditional insurance plans, with an annual deductible of $2,000 or higher. Insured individuals pay 100% of their health care costs until they reach the deductible. Because of the high deductible, these plans often have correspondingly lower premiums. - U.S. News INDIVIDUAL MANDATE Employee Perception (VS) Actual Definition A requirement that each person celebrates what makes each of us unique - including these silly holidays: Fruitcake Toss Day (Jan. 3), Hug a News Person Day (April 4), Tell a Joke Day (Aug. 16) and Brownie Day (Dec. 8.) A federal requirement, effective January 1, 2014, that American citizens be enrolled in a health insurance plan that meets the basic minimum standards as defined by the Department of Health & Human Services and the Department of the Treasury. Failure to do so may result in a tax penalty imposed upon the individual. - CDPHP SELF-INSURED PLAN Employee Perception (VS) Actual Definition Under this type of plan, employers directly assume the major cost of health insurance for their employees. Unlike a family-insured plan, this just means I'm only insuring myself. My spouse is also self-insured by her employer, and we bought our dog a self-insured vet plan. It's great! - Bureau of Labor Statistics ... up, banish, ctive near, deer mere pier CERIDIAN in Tuhe WE WANT TO HEAR YOUR VOICE! [email protected]