A type of insurance coverage that compensates some percentage of a worker's total wages should they become sick and/or injured and therefore unable to work.
More Common Terms
- Continuing Care Retirement Community (CCRCs) A residential community that offers a continuum of care from private apartments to skilled nursing care at the same location. It is designed to meet changing needs while allowing residents to avoid relocating.
- Skilled Nursing Facility (SNF) State-licensed facilities that provide a safe, therapeutic environment for individuals who require rehabilitative care or can no longer live independently due to medical requirements. Also known as nursing homes or convalescent homes.
- Spend Down A requirement that an individual use up most of his or her own income to meet Medicaid eligibility requirements.