Merit pay. Merit pay is a term that describes performance-related pay, most frequently in the context of educational reform or government civil service reform (government jobs). It provides bonuses for workers who perform their jobs effectively, according to easily measurable criteria.
Coinsurance is the percentage of your medical bill you share with your insurance company after youâve paid your deductible. Unless you have a policy with 100 percent coverage for everything, you have to pay a coinsurance amount. You have an â80/20â plan.
For Part C (Medicare Advantage), which is private insurance, deductibles vary by plan. For Part D, again, the deductible varies by plan. However, no PDP may have a 2017 Medicare deductible of more $400, compared to $360 in 2016. Some plans even have no deductible at all.