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incentive program

   Also found in: Dictionary/thesaurus, Wikipedia 0.07 sec.
incentive program,
n a dental benefits program that pays an increasing share of the treatment cost provided that the covered individual uses the benefits of the program during each incentive period (usually a year) and receives the treatment prescribed. E.g., a 70% to 30% copayment program in the first year of coverage may become an 80% to 20% program in the second year if the subscriber visits the dental professional in the first year as stipulated in the program. Most frequently, there is a corresponding percentage reduction in the program's copayment level if the covered individual fails to visit the dental professional in a given year (but never below the initial copayment level).


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Bloomberg said: "The 421-a tax incentive program was created in 1971 to spur housing development at a time when many, including developers and those in the private sector, lost hope in the City and did not invest enough in new housing.
2 billion incentive program to encourage residents and businesses to install solar panels and generate their own power.
Philadelphia residents who are caught recycling by street teams from local radio stations will be rewarded for their efforts as part of an incentive program to increase residential recycling participation.
 
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