Health Financing & Insurance

Terms for how health systems raise and pool funds, insure populations and pay providers.

  • Topic: Health Financing & Insurance
  • 39 terms
  • Editor reviewed

9–16 of 39 terms

CopaymentCopay, Fixed Fee Cost-Share

A cost-sharing form in which an insured person pays a fixed sum for a covered service, unlike coinsurance's percentage-based payment.

Cost SharingCost-Sharing, Patient Cost Share

The general term for the portion of healthcare costs an insured person pays directly, covering deductibles, copayments, and coinsurance.

Cream SkimmingCherry Picking, Favourable Risk Selection

A practice where an insurer or provider selectively attracts healthier, lower-cost enrollees while avoiding sicker ones, undermining risk pooling.

DeductibleInsurance Excess, Upfront Payment Threshold

A fixed amount an insured person must pay for covered services before their plan begins to share the cost.

Diagnosis Related GroupDRG, Inpatient Case Grouping

A patient classification system grouping hospital inpatient stays expected to need similar levels of resources, based on diagnosis and procedures.

Fee-for-ServiceFFS, Per-Service Payment

Fee-for-service is a provider-payment method in which each eligible health-care service generates a separate payment according to an applicable fee or contract.

Financial ProtectionFinancial Risk Protection, Cost Burden Shielding

The degree to which a financing system shields individuals from healthcare cost burden, covering both service breadth and protection depth.

Fiscal SpaceBudgetary Headroom, Fiscal Headroom

The budgetary room available to a government to increase spending on a priority, such as healthcare, without jeopardising overall fiscal stability.