H


Health Care Workforce Development

The use of incentives and recruiting to encourage individuals to enter into health care professions and encourage providers to work in underserved areas.

Health Choices Administration

Under health reform, the Health Choices Administration was created to oversee the provisions of the law. This includes the implementation of health plan benefit standards, the inner workings of exchanges, and individual affordability credits or subsidies. The administration is also responsible for preventing abuse within the health insurance exchange system.

Health Maintenance Organization (HMO)

Health maintenance organization (HMO) plans offer comprehensive health insurance, which cover a basic array of benefits for a monthly premium, in addition to copayments for prescriptions and visits to a physician. It is encouraged to see in-network providers when you have an HMO, because they usually do not cover any out-of-network services. For more information on HMOs, read this article.

Health Reimbursement Account (HRA)

HRAs are employer-sponsored group health insurance policies that offer tax-free reimbursement to employees for eligible health care charges up to a flat dollar limit annually. Any amount that was not used during a year may be put towards the following year. Employers pay for and possess ownership of the HRA.

Health Savings Account (HSA)

A savings account for medical expenses, available to tax payers who have purchased a High Deductible Health Plan. The funds in a HSA are not subject to federal income tax at the time they are deposited. Health Savings Accounts reserve funds only for medical usage, such as a service your insurance plan does not cover.

Health Status

Health status is considered through your medical conditions (physical and mental), claims history, medical services received, health care history, genetic information, disability, and proof of insurability.

High-Cost Excise Tax

Part of the Affordable Care Act, this is a tax on health insurance carriers that offer high priced plans. Beginning in 2018, this tax was created with the intention of lowering premiums and equalizing plans.

High Deductible Health Plan (HDHP)

A type of health insurance plan that has higher deductibles than other types of plans. These plans can be paired with an HSA or an HRA, and are referred to as catastrophic by some health insurance companies.

High Risk Pool Plan (State)

Plans that provide coverage if you have a pre-existing condition (being a “high risk” individual) and have been rejected continually for health insurance. This is similar to the Pre-Existing Condition Insurance Plan under health care reform, but has been exercised in many states for a number of years. Coverage for those in a high risk pool plan are subsidized by a state government, so the costs are much lower. These plans can also provide coverage to those who are eligible for HIPAA or meet other legal requirements.

HIPAA

The Health Insurance Portability and Accountability Act of 1996, more commonly known as HIPAA, makes it possible for individuals to be eligible for medical coverage when they switch jobs or relationships. HIPAA is also a law protecting the transfer of personal information in a medical setting, ensuring privacy when submitting personal medical information electronically. To be eligible for HIPAA, you must have had 18 consecutive months of creditable health insurance coverage, such as a group health plan, and already have used COBRA benefits or other state provided extension of coverage. For more information, read this article.

Home Health Care

Medical care supplies and services, facilitated and provided by a doctor in your home.

 

 

 

 

Sources:

1. HealthInsurance.org, “Health insurance glossary”. http://www.healthinsurance.org/glossary/

2. HealthCare.gov, “Glossary – H”. http://www.healthcare.gov/glossary/h/index.html

3. eHealthInsurance.com. “”Health insurance glossary”. http://www.ehealthinsurance.com/health-insurance-glossary/terms-h/