Deductible that may be satisfied by the combined expenses of all covered family members.
This is a list of the charges for specific services that a provider agrees to.
Final claims deadline
For spending accounts, this is the last date a claim can be filed and still be reimbursed out of your spending account.
Flexible Spending Account
An employer-sponsored spending account that allows subscribers to contribute, on a pre-tax basis through paycheck deduction, to a Healthcare FSA or Dependent Care FSA. As you incur eligible expenses, outlined by the IRS, you may request reimbursement from the FSA. Any reimbursements you receive from these accounts remain tax-free when they are paid to you.
Flexible Spending Account - dependent care
An employer-sponsored spending account that allows subscribers to contribute funds on a pre-tax basis through paycheck deduction. Employees can use a Dependent Care FSA to pay for IRS-approved dependent care services, such as child day care, adoption-related costs, and adult care.
Flexible Spending Account – healthcare
An employer-sponsored spending account that allows subscribers to contribute funds on a pre-tax basis through paycheck deduction. Employees can use a Healthcare FSA to pay for qualified medical expenses not covered under the health plan.
Foreign Identification Number (FIN)
A permanent identification number assigned to a North Atlantic Treaty Organization (NATO) beneficiary by the appropriate national embassy. The number resembles a Social Security Number and most often starts with 6 or 9. TRICARE will not issue an authorization for treatment or services to NATO beneficiaries without a valid FIN.
The formulary is a list of medications your plan covers (also known as a drug list). Humana's Medicare Drug List shows which drugs are covered and which drug tier they are in — Preferred Generic, Preferred Brand, Non-Preferred Brand, or Specialty. See the definition for drug tier.
Freestanding radiology facility
Usually housed within a building separate from a hospital or operating independently of a hospital, freestanding radiology facilities provide imaging studies that are used to help detect or diagnose a medical condition. Tests administered at these healthcare facilities may include scans such as MRI, CAT, and PET, as well as ultrasound and X-ray studies. Test results are interpreted by board-certified radiologists and reported to the referring physician.
See “Flexible Spending Account.”
FSA grace period
Time when you can still incur expenses and pay for them with any remaining dollars from your previous plan year. This feature is not available to all; check with your employer.