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Definitions

Assets – Items of value that include but are not limited to checking accounts, saving accounts, trust funds, investments, property, and cars.

Coinsurance – The percentage of a healthcare service that the insured is responsible to pay.

Co-Payment –  A pre-defined amount that you are required to pay at the time of a specific healthcare service

Deductible – An amount of money that the insured must pay before the insurance company pays for any health care services.

Earned Income – Earned income includes salary, wages, self-employment income, and tips earned by the patient, spouse, or parent.

Medicaid – A program that covers a wide range of healthcare services. Eligibility is determined based on income, family size, and medical condition. Since Medicaid is a program run by individual states eligibility requirements vary greatly.

Medicare – A program that pays for healthcare services. You may be eligible if you are over 65 years old or have a disability. This program has three parts. Part A covers most in-patient hospital bills, Part B covers doctor’s bills and outpatient hospital charges, and Part D covers most prescribed medication.   

Unearned Income – Income received from Social Security, disability payments, retirement benefits, child support, alimony, interest earnings, dividends, and income from other sources (unemployment, workers compensation, etc.). 

As the region's leading provider of healthcare, Columbus Regional Health has touched the lives of most of the children and adults in this region through its comprehensive network of services. Located in the West Georgia city of Columbus, Columbus Regional was established in 1986 as a not-for-profit health services organization, but its roots can be traced back to 1836 when the local hospital was a small wooden building on the banks of the Chattahoochee River.