ACRONYMS

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  • A C-SNP (Chronic Condition Special Needs Plan) is a type of Medicare Advantage plan designed specifically for individuals with severe or disabling chronic conditions. These plans offer tailored benefits, specialized provider networks, and drug formularies to manage conditions like diabetes, heart failure, or dementia.
  • A Consumer-Driven Health Plan (CDHP) is a health insurance plan with a high deductible and lower monthly premiums, designed to give consumers more control over healthcare spending. It is paired with a pre-tax savings account—typically a Health Savings Account (HSA) or Health Reimbursement Arrangement (HRA)—to pay for out-of-pocket costs.
  • Medicaid and the Children's Health Insurance Program (CHIP) are joint federal-state programs providing low-cost health coverage to millions of children and families with low-to-moderate incomes who do not qualify for Medicaid but cannot afford private insurance. CHIP covers comprehensive services—including routine check-ups, immunizations, dental, and vision—often with limited premiums or cost-sharing.
  • Culturally and Linguistically Appropriate Services (CLAS) are healthcare services that are respectful of and responsive to individual cultural health beliefs, practices, and linguistic needs. Designed to reduce health disparities, CLAS ensures high-quality care for diverse populations by tailoring services to include language assistance and cultural competence.
  • The Centers for Medicare & Medicaid Services (CMS) is the federal agency within the U.S. Department of Health and Human Services responsible for administering the Medicare program, Medicaid, the Children's Health Insurance Program (CHIP), and the Health Insurance Marketplace. CMS sets policy, manages enrollment, establishes quality standards for care, and processes payments for over 160 million beneficiaries.
  • COBRA (Consolidated Omnibus Budget Reconciliation Act) is a U.S. federal law allowing employees and their families to temporarily keep employer-sponsored group health insurance for 18–36 months after losing coverage due to job loss, reduced hours, or other qualifying life events. It ensures continued coverage, often at the employee's own expense, typically for companies with 20 or more employees.
  • A Cost-of-Living Adjustment (COLA) is an annual increase in Social Security benefits, Supplemental Security Income (SSI), and sometimes salaries, designed to counteract inflation and maintain purchasing power. Based on the Consumer Price Index for Urban Wage Earners (CPI-W),
  • The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is a monthly Bureau of Labor Statistics (BLS) measure of average price changes for goods and services, covering approximately 29% of the U.S. population. Primarily used to calculate annual Social Security cost-of-living adjustments (COLAs), it tracks spending patterns of households in clerical or wage-earning occupations.
  • In payroll, CPP most commonly refers to Certified Payroll Professional, a designation for experts with advanced knowledge in payroll compliance, tax reporting, and administration
  • Cost-sharing reductions (CSRs) are Affordable Care Act (ACA) subsidies that lower the out-of-pocket costs—such as deductibles, copayments, and coinsurance—for eligible individuals purchasing Silver-level health plans through the Marketplace. Known as "extra savings," they also reduce the annual out-of-pocket maximum, making healthcare more affordable for those with incomes between 100% and 250% of the federal poverty level.