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It is calculated by dividing those premiums allocated for fully insured or self-funded health care coverage into the total expenses for inpatient, professional (physicians and other licensed providers), outpatient, and pharmacy. (Briefly, MCR = Costs/Premiums.) As a general rule, a medical cost ratio of 85% or less is desirable.
The main discussion of these abbreviations in the context of drug prescriptions and other medical prescriptions is at List of abbreviations used in medical prescriptions. Some of these abbreviations are best not used, as marked and explained here.
Abbreviation Organization or personnel DC: Doctor of Chiropractic: DDS Doctor of Dental Surgery: DHB District Health Board (New Zealand) DI: Digital Imaging Technologist DMD: Doctor of Dental Medicine: DNP: Doctor of Nursing Practice: DO: Doctor of Osteopathic Medicine: DoH: Department of Health (various countries) DNB: Diplomate of National ...
Age and Long-Term Care Insurance Costs. The biggest factor, however, is the age of the policyholder. The AALTCI says average annual costs for a common type of policy for a man increase from $950 ...
In your 60’s and 70’s a long-term care insurance policy can cost between $2,000 and $4,500 per year depending on your various coverage options. Planning for all of your retirement needs early ...
At $7,000 per year, or about $583 per month, a long-term care policy like this is priced higher than average for what most people can get. According to market data from the American Association ...
Utilization management is "a set of techniques used by or on behalf of purchasers of health care benefits to manage health care costs by influencing patient care decision-making through case-by-case assessments of the appropriateness of care prior to its provision," as defined by the Institute of Medicine [1] Committee on Utilization Management by Third Parties (1989; IOM is now the National ...
Medical Abbreviations EN English Medical Abbreviations for Android; JD.MD, Inc. online Medical & Dental Abbreviations Glossary; Acronyms for Medical & Dental professional organizations; Medical Abbreviations for iPhone; Medical abbreviations on mediLexicon; Medical acronyms and abbreviations on allacronyms.com; Over 20,000 medical abbreviations ...