A B C D E F G H I J L M N O P Q R S T U V W Y

first-dollar coverage

Benefits that are covered without the insurance company first requiring payment of a deductible.

fiscal year

The 12-month period used for calculating annual fiscal spending. The U.S. government fiscal year runs from October 1 of the previous year to September 30 of the calendar year for which the fiscal year is numbered. States’ fiscal years do not always correspond to...

formulary

A list of selected pharmaceuticals and their appropriate dosages created by health insurance plans and state Medicaid programs, and are usually intended to include a broad array of prescription drugs that are also cost-effective for patient care. Physicians are often...