Appendix C: Glossary and conversion rates
Glossary
Co-insurance
Co-insurance, where a patient pays a fixed proportion of the total cost of their treatment.
Co-payment
Co-payments are the payments patients make towards their prescription medication, these can be fixed amounts (similar to the prescription charge in the UK) or a percentage of the cost of a medication, different types of drugs may attract a different percentages.
Co-payment cap
This is where there is a maximum that a patient will be charged for their prescription medication e.g. the prepayment certificates in the UK. This can be per month or per year.
Co-payment exemption
Co-payment exemptions are where certain groups do not have to pay towards their prescription medication e.g. pregnant women in the UK.
Deductible
Deductibles are where a patient pays a set amount of money towards their prescriptions, similar to an insurance excess.
Reduced co-payment
A reduced co-payment is where certain patients pay less towards their prescription medication e.g. people on low income.
The Conversion Rates 1 Used in Appendix A
Country | £1 buys, at date |
|---|
Australia | A$2.35202, at 1 st January 2006 |
|---|
New Zealand | NZ$2.67284, at 1 st January 2005 |
|---|
Canada | Cn$2.30244, at 1 st January 2005 |
|---|
USA | $1.72384, at 1 st January 2006; $1.61140, at 1 st January 2003 |
|---|
Austria | ECU1.41995, at 1 st January 2004 |
|---|
Belgium | ECU1.41423, at 1 st January 2005 |
|---|
Denmark | ECU1.41423, at 1 st January 2005 |
|---|
Finland | ECU1.41423, at 1 st January 2005; ECU1.41995, at 1 st January 2004 |
|---|
France | No amounts quoted |
|---|
Germany | ECU1.41423, at 1 st January 2005 |
|---|
Ireland | ECU1.41423, at 1 st January 2005 |
|---|
Italy | ECU1.41423, at 1 st January 2005 |
|---|
Luxembourg | No amounts quoted |
|---|
Netherlands | ECU1.41423, at 1 st January 2005 |
|---|
Portugal | No amounts quoted |
|---|
Spain | ECU1.41423, at 1 st January 2005 |
|---|
Sweden | SEK12.75283, at 1 st January 2005 |
|---|