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.
Britain and Northern Ireland all use pounds (that is England, Wales, Scotland and Northern Ireland). The pound is divided into 100 pence so don't get confused with the old system of pounds, shillings and pence. England and Wales both use the same pound but Scotland has pound notes which have different designs.However, these are legal tender in Wales, England, Scotland and Northern Ireland. Ireland however, used the euro since the early 2000s when they changed from the punt.ritain and Northern Ireland all use pounds (that is England, Wales, Scotland and Northern Ireland). The pound is divided into 100 pence so don't get confused with the old system of pounds, shillings and pence. England and Wales both use the same pound but Scotland has pound notes which have different designs.