Physician’s written plan of the type of medical services and care to be given to the patient for a specific health problem.
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Plan of treatment
1. Written proposal by the patient’s physician identifying the patient’s medical care needs; therapy services to be provided; amount, frequency, and duration of the services; treatment goals; criteria for ending certain interventions; and documentation of the patient’s progress in reaching the objectives. 2. Under the Medicare program, home health services must be given to beneficiaries under a proposal created and certified as needed by a qualified physician. The care plan must be reviewed by the physician every 60 days. Also called care plan, plan of care (POC) , service plan, or treatment plan.
Plan participant
Employees who are covered under an employee benefit insurance plan or pension plan with contributions made on their behalf by either their employer, union, or trade or professional association.
Plan Rating
A formal system for establishing individual insured’s premium that recognizes individual risk characteristics.
Plan sponsor
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.
Plan sponsor (Pensions)
The organization that establishes a retirement plan; for example, an employer.
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.
Plan year (Pensions)
The 12-month period during which plan records are kept on file, whether a calendar year or fiscal year.