Health care trust fund definition

Health care trust fund means a trust or fund created in accordance with the public employee health care fund investment act, 1999 PA 149, MCL 38.1211 to 38.1216, or other state or federal statute, and used exclusively to provide funding for postemployment health care benefits for public employee retirees of a county, city, village, or township. A health care trust fund also includes the retiree health fund vehicle administered by the municipal employees retirement system described in the municipal employees retirement act of 1984, 1984 PA 427, MCL 38.1501 to 38.1555, for a county, city, village, or township that has adopted the municipal employee retirement system to provide funding for postemployment health care benefits for
Sample 1Sample 2Sample 3
Health care trust fund means the Health Care Trust Fund created pursuant to Section 11‑11‑230(C).
Sample 1

Examples of Health care trust fund in a sentence

  • Care coordination agreements - Health care trust fund - Legislative intent - Section 19 provides legislative intent that DHS deposit federal funding received in excess of the state's regular federal medical assistance percentage, resulting from the department establishing requisite agreements with tribal health care organizations, in the health care trust fund.

  • Health care trust fund - Section 9 identifies $1,686,191 from the health care trust fund appropriated to DHS, of which $1 million is to increase nursing facility operating margin, effective January 1, 2018, $546,786 is to increase payments to basic care and long-term care facilities, and $139,405 is to increase nursing home per-bed property cost limitations for single- and double-occupancy construction.

Related to Health care trust fund

  • Health care provider or "provider" means:

  • State purchased health care or "health care" means medical

  • Health care plan means any contract, policy or other arrangement for benefits or services for medical or dental care or treatment under:

  • Health care professional means a physician or other health care practitioner licensed, accredited or certified to perform specified health care services consistent with state law.

  • Health care means any of the following intended for use in the diagnosis, treatment, mitigation, or prevention of a human ailment or impairment:

  • Health Care Operations shall have the meaning given to such term under the HIPAA 2 Privacy Rule in 45 CFR § 164.501.

  • Health care services means services for the diagnosis, prevention, treatment, cure, or relief of a health condition, illness, injury, or disease.

  • Related provider trust means a titling trust or other trust established by a licensed viatical settlement provider or a financing entity for the sole purpose of holding the ownership or beneficial interest in purchased policies in connection with a financing transaction. The trust shall have a written agreement with the licensed viatical settlement provider under which the licensed viatical settlement provider is responsible for ensuring compliance with all statutory and regulatory requirements and under which the trust agrees to make all records and files related to viatical settlement transactions available to the commissioner as if those records and files were maintained directly by the licensed viatical settlement provider.

  • Health care worker means a person other than a health care professional who provides medical, dental, or other health-related care or treatment under the direction of a health care professional with the authority to direct that individual's activities, including medical technicians, medical assistants, dental assistants, orderlies, aides, and individuals acting in similar capacities.