Posts by letter

M

major medical health insurance

May 27, 2020 – Major medical health insurance is a term that's generally used to describe comprehensive, robust health coverage. This is in contrast to… Read more

modified adjusted gross income (MAGI)

May 22, 2020 – Under the Affordable Care Act, eligibility for Medicaid, premium subsidies, and cost-sharing reductions is based on modified adjusted gross… Read more

medical flexible spending account

May 13, 2020 – A medical flexible spending account (FSA) is a tax-advantaged account maintained by employers where employees can set aside a portion of… Read more

managed care

April 17, 2020 – A medical delivery system that attempts to manage the quality and cost of medical services that individuals receive. Most managed care… Read more

minimum essential coverage

January 22, 2020 – Minimum essential coverage is health insurance coverage that satisfies the Affordable Care Act's shared responsibility provision… Read more

Medicaid expansion

October 2, 2019 – A provision in the Affordable Care Act (ACA) called for expansion of Medicaid eligibility in order to cover more low-income… Read more

Medicare

October 3, 2017 – Medicare is the federal health insurance program created to provide health coverage for Americans aged 65 and older and later expanded to… Read more

medical underwriting

September 6, 2017 – Medical underwriting is a process that was widely used by individual market insurance companies prior to 2014 to evaluate whether to accept… Read more

Medicaid

September 6, 2017 – Medicaid is a health insurance program for low-income individuals and those with disabilities. Medicaid funding comes from a combination… Read more

maximum benefit dollar limit

September 6, 2017 – The maximum benefit dollar limit refers to the maximum amount of money that an insurance company (or self-insured company) will pay for… Read more

medical loss ratio

August 12, 2017 – Medical loss ratio (MLR) is a measure of the percentage of premium dollars that a health plan spends on medical claims and quality… Read more

medical discount plan

May 12, 2017 – Medical discount plans are much less expensive than health insurance, but they do not provide any of the protections of a health insurance… Read more