Human resources definitions that any human can understand
AAP - Affirmative Action Plan
AARP - American Association of Retired Persons
ACA - The Affordable Care Act is health care legislation passed by Congress and then signed into law on March 23, 2010 by President Obama. The law mandates changes to both the American Health System as well as key elements of health insurance coverage with specific requirements of employers based on their company size. The health care law, also known as the Patient Protection and Affordable Care Act, requires that all Americans have healthcare coverage by 2014. Some of the most notable developments of the ACA include the launch of a health insurance marketplace or exchange by the federal government and the requirement that no one be denied health insurance coverage due to pre-existing conditions.
ACRS - Accelerated Recovery Cost System
AD&D - Accidental Death & Dismemberment
ADA - The Americans with Disabilities Act of 1990
ADEA - Age Discrimination in Employment Act of 1967
Affiliation Period - A period of time that must pass before health insurance coverage provided by an HMO (Health Maintenance Organization) becomes effective. If a group health plan provides coverage to you through an HMO with an affiliation period, the affiliation period cannot be longer than 2 months (3 months for a late enrollee) from your enrollment date, and the plan cannot impose a pre-existing condition exclusion. During the affiliation period, the plan cannot charge you premiums, and the HMO is not required to provide benefits. The affiliation period must run concurrently with any waiting period for coverage under the plan.
AFL-CIO - American Federation of Labor - Congress of Industrial Organizations
AICPA - American Institute of Certified Public Accountants
Annual Dollar Limit - With respect to benefits under a group health plan or health insurance coverage, a dollar limitation on the total amount of benefits that may be paid with respect to such benefits in a 12-month period under the plan or health insurance coverage with respect to an individual or other coverage unit.
APR - Annual Percentage Rate
ARM - Adjustable Rate Mortgage
ASO - Administrative Services Organization
Attending Provider - An individual who is licensed under applicable State law to provide maternity or pediatric care and who is directly responsible for providing such care to a mother or newborn child. Therefore, a plan, hospital, managed care organization, or other issuer is not an attending provider. However, a nurse midwife or a physician assistant may be an attending provider if licensed in the State to provide maternity or pediatric care in connection with childbirth. Note: This definition only applies to the elaws section of the Newborns’ and Mothers’ Health Protection Act.