financial incentive

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Also found in: Financial.

financial incentive

A cash payment made to a patient who achieves a health-related goal such as sustaining a weight loss over a 6-month period or maintaining abstinence from a toxic substance.
See also: incentive
References in periodicals archive ?
He said MyRewards offers financial incentives to members "who are looking for lower-cost providers and services without sacrificing quality."
IDA financial incentives for the project include $4,752,563 in sales tax exemptions and $2,520,000 in mortgage recording tax exemptions
This study found that a programme of financial incentives did not result in a significant inter-group difference measured as PA (number of steps), body weight, or secondary outcomes (p>0.05).
Our analysis centers on the effects of financial incentives and public reporting because these two influences--money and information--constitute the primary levers available to policy makers seeking to strengthen participation in value-based reforms (Glied 2015).
Given the key role insurance products play in providing financial security to middle class New Yorkers, it is essential that a provider adhere to a high standard of care and only recommend insurance and annuity products that are in the consumer's best interests and not be influenced by a producer's financial incentives.'
The intervention arm also received virtual financial incentives based on achieving step goals.
Only 7 percent of women who were not given financial incentives were able to do so.
The idea, which is being embraced by doctors, pharmacy companies, insurers, and researchers, is that paying modest financial incentives up front can save much larger costs of hospitalization and chronic care flare-ups into the future.
The Patient Protection and Affordable Care Act (ACA) created an inducement for wellness programs, allowing employers to provide financial incentives of as much as 30% of the total cost of coverage when tied to participation in a wellness program.
Elaborating on the new policy to clear up traffic, Gadkari said that financial incentives will be offered in return for discarding old vehicles.
Muammar Khalid Al Katheeri, executive vice president of engineering at DSO, told 7DAYS that the government body is "in talks" with various authorities about financial incentives.

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