1. Employer or employee organization (union) or both that establishes and maintains an employee benefit plan (e.g., includes government health plans and church health plans). 2. In a 401(k) defined-contribution pension plan, an employer. 3. Under the Health Insurance Portability and Accountability Act (HIPAA), either an employer in case of an employee benefit plan, employee organization in case of a plan maintained by an employee organization, or if two or more employers, the association or committee that maintains the plan.
Tag: MEDICAL
Plan sponsorship
Group that organizes the group health plan, oversees its facilities, and provides managerial authority.
Plan valuation
See: actuarial valuation.
Plan year
Benefit year that the managed care or health insurance plan is in effect.
Planning approval
See: certificate of need (CON).
Play or pay
Health care financing approach requiring employers to provide private insurance coverage for their workers or pay a tax that would go into a public regional fund to cover the uninsured.
PLI
Acronym that translates as professional liability insurance. See malpractice insurance.
Plus sign (+)
In the CPT code book, symbol that precedes a code number indicating the code may be reported in addition to the parent or primary procedure code number. Add-on codes are never reported for stand-alone services but are reported secondarily in addition to the primary procedure. Also see add-on code.
PMI
See: mortgage insurance.
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UK: private medical insurance.
PMPM
Abbreviation for per member per month. See member months.