Benefit period
Encyclopedia
A benefit period is a length of time during which a benefit is paid. This may be a government benefit such as the British Housing Benefit
, or a healthcare benefit system such as the American Medicare
, or payment from an insurance policy such as a Payment protection insurance
which covers mortgage or other commitments after accident, illness or redundancy. It may also be known as the Payment period.
A related terms is Benefit week used in calculation of entitlement to benefits.
, a Benefit period begins the day a beneficiary
is admitted to a hospital
or skilled nursing facility (SNF). The benefit period ends when the beneficiary has not received any inpatient hospital care (or skilled care in a SNF) for 60 days in a row. If a beneficiary is readmitted into a hospital or SNF after one benefit period has ended, a new benefit period begins.
is a period during which a sports person is granted the benefit of various activities by his or her club or other organisation.
Housing Benefit
Housing Benefit is a means tested social security benefit in the UK that is intended to help meet Housing costs for rented accommodation. The primary legislation governing Housing Benefit is the Social Security Contributions and Benefits Act 1992. Operationally, the governing Regulations are...
, or a healthcare benefit system such as the American Medicare
Medicare (United States)
Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over; to those who are under 65 and are permanently physically disabled or who have a congenital physical disability; or to those who meet other...
, or payment from an insurance policy such as a Payment protection insurance
Payment protection insurance
Payment protection insurance, is an insurance product that is often designed to cover a debt that is currently outstanding Payment protection insurance, (also known as PPI, credit protection insurance, loan repayment insurance, not to be confused with income protection or credit card cover) is an...
which covers mortgage or other commitments after accident, illness or redundancy. It may also be known as the Payment period.
A related terms is Benefit week used in calculation of entitlement to benefits.
Medicare
In the context of the United States healthcare system MedicareMedicare (United States)
Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over; to those who are under 65 and are permanently physically disabled or who have a congenital physical disability; or to those who meet other...
, a Benefit period begins the day a beneficiary
Beneficiary
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example: The beneficiary of a life insurance policy, is the person who receives the payment of the amount of insurance after the death of the insured...
is admitted to a hospital
Hospital
A hospital is a health care institution providing patient treatment by specialized staff and equipment. Hospitals often, but not always, provide for inpatient care or longer-term patient stays....
or skilled nursing facility (SNF). The benefit period ends when the beneficiary has not received any inpatient hospital care (or skilled care in a SNF) for 60 days in a row. If a beneficiary is readmitted into a hospital or SNF after one benefit period has ended, a new benefit period begins.
Benefit year or season
A Benefit year or seasonBenefit (sports)
A benefit or testimonial is a match or season of activities granted by a sporting body to a loyal sportsman to boost their income before retirement. Often this is in the form of a match for which all the ticket proceeds are given to the player in question.There have been occasions when a...
is a period during which a sports person is granted the benefit of various activities by his or her club or other organisation.