The Obama reforms of unlimited major medical coverage, increased prescription drug benefits and limitations on maximum out-of-pocket costs are to be added to Medicaid and Medicare, furthering fueling escalating costs of delivering medical care.
What does MOOP stand for?
MOOP stands for Maximum Out-of-Pocket (health care expenses)
This definition appears frequently and is found in the following Acronym Finder categories:
- Science, medicine, engineering, etc.
See other definitions of MOOP
We have 1 other meaning of MOOP in our Acronym Attic
- Mandolin Orchestra of Niagara (Niagara Falls, Ontario, Canada)
- Mediterranean Operational Oceanography Network (EU)
- Meeting Our Operating Needs
- Minnesota Organization Of Numismatists
- Moving Out of Neighborhood
- MPLS (Multi-Protocol Label Switching) Over OTN (Optical Transport Network) Network
- Multicenter Orthopaedic Outcomes Network
- Multimedia Object-Oriented Shell for Interactive Games using Hypermedia Technology
- Manual of Operations and Procedures (US NIH)
- Matter Out of Place
- Means of Operator Protection (healthcare)
- Molecular Orbital Overlap Population (chemistry)
- Museum of Ornamental Post (blog)
- Multi-Objective Optimal Power Flow
- Metrics for Object-Oriented Programming Systems (computing; Engineering & Physical Sciences Research Council; UK)
- Microcomputer Off Line/On Line Processing System
- Massively Open Online Racing (gaming)
- Meldpunt Opbrekingen Openbare Ruimte (Dutch: Break Hotline Public Space; Netherlands)
- Monastic Order of Rec.Music.Christian
- Making Offshore Outsourcing Sustainable (est. 2004)
Samples in periodicals archive:
Under another option, employees willing to pay higher monthly premiums could have a deductible of $300 and a maximum out-of-pocket expense of $1,200.
These plans must meet minimum deductible amounts and maximum out-of-pocket limits.
The plans would still have to meet other requirements, including creating a maximum deductible of $2,000 for individuals and $4,000 for families, covering at least three doctor visits for individuals and six for families, and capping maximum out-of-pocket spending for in-network services at $5,000 for individuals and $10,000 for families.
For self-coverage, the minimum deductible is $1,000 with a maximum out-of-pocket of $5,000 (including the deductible); for family coverage, the minimum deductible is $2,000 with a maximum out-of-pocket of $10,000.
The $4,524 difference in the savings actually exceeds the maximum out-of-pocket expense the family would face if they reached the maximum deductible per family.
Maximum out-of-pocket expense for a family was boosted from $1,500 to $2,100 per year.
High-deductible family plans require an annual deductible of at least $3,000, not exceeding $4,500, with a maximum out-of-pocket cost of $5,500; for individual coverage, an annual deductible of at least $1,500, not exceeding $2,250, with a maximum annual out-of-pocket cost of Sec.