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.
Most contracts stipulate that you need to make a good faith effort to collect deductibles, coinsurance, and copays from the patient. If it is determined that you are routinely waiving copays and deductibles, then the health insurance company can reduce your rate of reimbursement for all of that insurer's patients.s opposed to managed care, where the patient cannot see the doctor until the co-payment has been made. Having said that, deductibles and co-insurance amounts cannot just be written off. IRS code demands that we do one of two things before we write it off.