Glossary beginning with F
- Federal Match
The cost-sharing program whereby the federal government will match amounts paid by the states for their Medicaid programs. The amount of match varies from state to state based on the income level of the residents in that state, but is generally on a dollar-for-dollar basis.
- Federal Poverty Level
Issued each year in the Federal Register by the Department of Health and Human Services (HHS). The guidelines are a simplification of the poverty thresholds and are used for determining financial eligibility for certain federal, state, and local assistance programs like Supplemental Security Income.
- Fee For Service
Programs where services are paid for based on actual utilization of services, using payment rates set for units of care provided, such as daily nursing home rates. For each service, a fee is paid. Contrast this to managed care programs which pay for services on a capitated basis.
- Fee Schedule
A schedule of standard rates for specific services provided. Providers set their own fee schedules of rates they charge to private or self-pay residents. Medicare and Medicaid programs pay for some services based on fee schedules they have established. Fee schedule reimbursement is based upon units of service provided, which may be visits or encounters, or the number of items provided (as with medical supplies or medical equipment.)
Transit services where vehicles run on regular, pre-designated, pre-scheduled routes, with no deviation. Typically, fixed-route service is characterized by printed schedules or timetables, designated bus stops where passengers board and alight and the use of larger transit vehicles.