beneficiary

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beneficiary

Insurance
A person(s) other than the member of an insurance or pension plan who has been designated to receive benefits—e.g., proceeds of an accident insurance policy or pension plan in the event of an employee’s death.
 
Managed care
A person eligible for or receiving benefits under an insurance policy or plan, such as Medicare or Medicaid programs
Segen's Medical Dictionary. © 2012 Farlex, Inc. All rights reserved.

beneficiary

Health insurance A person(s) other than the member of an insurance or pension plan who has been designated to receive benefits–eg proceeds of an accident insurance policy or pension plan in the event of an employee's death Managed care A person eligible for or receiving benefits under an insurance policy or plan, Medicare or Medicaid programs
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.

be·ne·fi·ci·ar·y

(ben'ĕ-fish'ē-ar-ē)
A person with health care insurance coverage, usually through the Medicare program.
Synonym(s): insured, recipient.
[Med.L. beneficiarius, fr. beneficium, benefit]
Medical Dictionary for the Health Professions and Nursing © Farlex 2012

be·ne·fi·ci·ar·y

(ben'ĕ-fish'ē-ar-ē)
A person with health care insurance coverage, usually through the Medicare program.
Synonym(s): insured, recipient.
[Med.L. beneficiarius, fr. beneficium, benefit]
Medical Dictionary for the Dental Professions © Farlex 2012
References in periodicals archive ?
Services of BISP Beneficiaries' Committees (BBCs) are also being utilized for mobilization and awareness of beneficiaries, the official said.
The subjects (N=116) selected for the study consisted of a sample of blind and visually impaired disability beneficiaries served by Mississippi Vocational Rehabilitation for the Blind whose cases were closed in Status 26, 28, or 30 during fiscal year 1983.
This shift would create volume increases in utilization of rehabilitation services for Medicare beneficiaries, whose payments in other settings would have been far less than the $1,500 per beneficiary spending limit.
In a speech to Blue Cross Blue Shield executives, he recommended letting Medicare "wither on the vine.") But most Republicans do want to reduce the government's share of health care expenditures for Medicare beneficiaries, and they want private insurance companies to have much more control over Medicare.
Provide a choice in rehabilitation providers to SSI and SSDI beneficiaries through "return-to-work" tickets.
In November of 2002, the IRS issued regulations that allow non-spousal beneficiaries to annuitize retirement plan distributions over the life of the beneficiary.
"We are hoping that through using market competition, the free marketplace and the bulk purchasing power of Medicare beneficiaries-that is bringing 39 million Medicare beneficiaries to the table--the out-of-pocket costs to the beneficiary should eventually go down," the National Committee to Preserve Social Security and Medicare's Chatman said, adding that costs should be analogous to what private insurance companies pay for employee coverage.
* Nearly one-half of the drug coverage for disabled beneficiaries is provided through the Medicaid program.
Concern has been raised about this provision because it is feared that private plans will "cherry pick" healthy beneficiaries leaving costly high-risk patients in traditional Medicare.
If the beneficiary of the IRA is someone other than the spouse, one or more beneficiaries could disclaim their interest so that the IRA flows to a younger person, thus stretching out the distributions over a longer period.
In its latest report, the FRA said the microfinance beneficiaries increased from about 2.57 million clients in June 2018 to 2.93 million clients in June 2019, up 14.1%.
After your loved one passes is not the time to find out that the beneficiaries listed on their IRA account are not correct.