Mindblown: a blog about philosophy.

  • Individual practice association

    A partnership, corporation, association, or other legal entity which has entered into an arrangement for provision of their services with persons who are licensed to practice medicine, osteopathy, dentistry, or with other health manpower (a majority of whom are licensed to practice medicine or osteopathy), which arrangement provides: that such persons provide their professional services…

  • Individual insurance

    Insurance policies which provide protection to the policyholder and/or his family (as distinct from group insurance).  

  • Individual health insurance

    Health insurance covering an individual (and usually his dependents) rather than a group. Individual insurance usually offers indemnity benefits and has higher loadings than group insurance.  

  • Indirect cost

    A cost which cannot be identified directly with a particular activity service or product of the program experiencing the cost. Indirect costs are usually apportioned among the program’s service in proportion to each service’s share of direct costs.  

  • Indexed

    Describes an amount which is regularly adjusted in proportion to changes in some index, e.g. social security payments are now indexed to (or adjusted to reflect changes in) the Consumer Price Index. Some proposed XHI plans index premiums, cost sharing, catastrophic thresholds, income levels, or reimbursement rates to the CPI.  

  • Independent professional review

    Another name for medical review required by Medicaid for inpatients in long-term care facilities.  

  • Indemnity benefits

    Under health insurance policies, benefits in the form of cash payments rather than services. The indemnity insurance contract usually defines the maximum amounts which will be paid for the covered services. In most cases, after the provider of service has billed the patient in the usual way, the insured person submits to the insurance company…

  • Incur

    In insurance, to become liable for a loss, claim or expense. Cases or losses incurred are those occurring within a fixed period for which an insurance plan becomes liable whether or not reported, adjusted and paid.  

  • Income

    The return, usually measured in money, from one’s business, labor, or capital income. As one example of the complexity of defining income in operational terms the I.R.S. 1040 should be considered as a specific definition of income. Welfare programs attempt to distinguish earned income (wages or net earnings from employment) and unearned income (support or…

  • Impoundment

    In the Federal budget, any executive branch action or inaction that precludes the obligation or expenditure of budget authority provided by the Congress. An impoundment resolution is a resolution of the House of Representatives or the Senate which expresses its disapproval of a proposed deferral of budget authority set forth in a special message ordinarily…

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