PEO GLOSSARY

Human resources definitions that any human can understand

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Deductible -  In an insurance policy, the deductible is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses.
Dependants -  A person who relies on another, especially a family member, for financial support.
DOJ -  U.S. Department of Justice
DOL -  U.S. Department of Labor
DOT -  U.S. Department of the Treasury
DRA -  Deficit Reduction Act of 1984
DRG -  Diagnostic-related group
Drug Formulary -  A list of all the medicines that will be covered by your group health plan.
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