Medicare Terminology Medicare Coverage Government Agencies Definitions Part C Terminology
100
What is Annual Notice of Change, Notification sent to medicare beneficiaries to inform them of their plan changes.
What is ANOC stand for and what are its uses?
100
This model is used to determine the equivalency of creditable coverage.
What is the Standard Drug Benefit Design?
100
Medicare contributes funding to the individual state agencies.
Who funds Medicaid?
100
What is Co-Payment.
This is a flat dollar amount.
100
What is Part B premium.
What payment is required in order to be enrolled in a Medicare Advantage plan?
200
What is Medicare Outpatient Observation Notice.
What is the MOON?
200
What is Medicare Savings Program.
This Federal Program assists with Deductible, Premiums, Co-payments, etc. at the State level?
200
What is Income Related Monthly Adjusted Amount.
What is IRMAA?
200
What is Co-insurance.
This is % of cost.
200
What is Point of Service.
What does POS stand for?
300
What is The amount that is allowable by non-medicare participating providers or the % above the medicare approved amount.
What is the meaning of Excess charges?
300
What is Medication Tiers.
These levels determine the co-payment and/or coinsurance of prescription medications.
300
What is Wellness Visits are used for preventive care, screenings and over all health assessments.
This benefit is given to each beneficiary annually.
300
What is Deductible.
This is first dollar cost.
300
What is the plans Service Area.
Enrollment into Medicare Advantage requires the beneficiary to reside where?
400
What is Maximum Out Of Pocket.
What is MOOP?
400
What is Medicare Part C and Part D.
What product is the Summary of Benefits used for?
400
Full Benefit Dual Eligible.
What is FBDE?
400
What is Medicare Lock in Period.
This period happens between April 1-October 1.
400
What is Original Fee for Services of Medicare.
What benefits does Medicare Advantage cover?
500
What is Continuous days without hospitalization or skilled nursing facility.
What is Benefit Period?
500
What is MediGap or Medicare Supplement insurance.
Where can you find the Out Line of Coverage?
500
What is Social Security Disability Income.
What is SSDI?
500
What is Explanation of Benefits.
No payment is required with this type of service notification.
500
That the provider agrees to the Payment, Terms and Conditions of a PFFS plan.
What does the term Deemed mean?






Medicare 101 Part 2

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