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.
George Mills Â· 14 Mar 2014, 12:06. Published: 14 Mar 2014 12:06 GMT+01:00. The gap between rich and poor has grown faster in Spain during the crisis than in any other country in Europe, but many austerity measures have helped put the brakes on this process, a new IMF report argues.pain, meanwhile, has seen the largest growth in the wealth divide from 2007 to 2012. But the study also argues that Spain's crisis-fighting fiscal measures have generally been positive when it comes to narrowing this gap, with wealthier Spaniards bearing the brunt of the costs in the austerity era.