Co-payment: A cost-sharing arrangement in which a covered person pays a specific charge for a specified service. For example, an HMO may have a $10 office co-payment for physician office visits, so the employee pays $10 at each doctorâs appointment.
The United Kingdom government austerity programme is a series of sustained reductions in public spending, intended to reduce the welfare state.The cuts have affected welfare and other public institutions. However, the NHS, education and later the defence budget were ringfenced and protected from spending cuts.ts original stated goal was to, achieve cyclically-adjusted current balance by the end of the rolling, five-year forecast period.. At the June 2010 budget, the end of the forecast period was 2015-16. However, in 2014 the Treasury extended the proposed austerity period until at least 2018.
Â£14.8s.2d (fourteen pounds, eight shillings and twopence â pronounced 'tuppence' /ËtÊpÉns/ â in columns of figures. Commonly read fourteen pound(s) eight and two). Halfpennies and farthings (quarter of a penny) were represented by the appropriate symbol after the whole pence.s countries of the British Empire became independent, some (like the United States) abandoned the Â£sd system quickly, while others retained it almost as long as the UK itself: Australia, for example, only changed to using a decimal currency on 14 February 1966.