Merit pay. Merit pay is a term that describes performance-related pay, most frequently in the context of educational reform or government civil service reform (government jobs). It provides bonuses for workers who perform their jobs effectively, according to easily measurable criteria.
Coinsurance is the percentage of your medical bill you share with your insurance company after youâve paid your deductible. Unless you have a policy with 100 percent coverage for everything, you have to pay a coinsurance amount. You have an â80/20â plan.
Riders who pay with an unregistered personal contactless credit/debit card will be charged as if paying cashincluding paying full fare each time they board a vehicle. Riders will soon be able to register a personal contactless bankcard to act as a fare payment card, which is linked to a Ventra account. A registered personal contactless bankcard allows all the same benefits and savings as a Ventra Card.