HHS is the acronym for the Department of Health and Human Services. It is the U.S. government’s principal agency for protecting and regulating the health of all Americans and for providing essential human services. It has jurisdiction over 11 operating divisions and regulatory agencies including: Administration of Children and Families (ACF); Administration on Aging (AoA); the Centers for Medicare & Medicaid Services (CMS); the Food and Drug Administration (FDA); and the Centers for Disease Control and Prevention (CDC). HHS is headed by a Cabinet-level secretary who is appointed by the president of the United States and confirmed by the U.S. Senate.
The FDA is the acronym for the Food and Drug Administration. It falls under the jurisdiction of the Department of Health and Human Services (HHS). It is responsible for protecting and advancing the public???s health and securing the nation???s food supply as well as monitoring and approving the safety of prescription drugs and medical devices.
A single-payer system is a health care system in which one entity collects all health care fees and pays all health care costs. Generally, single-payer systems are operated and regulated by the government, which sets the rules and decides what gets paid.
NIH is the acronym for the National Institutes of Health. It is part of the U.S. Department of Health and Human Services (HHS), and it serves as the nation???s medical research agency. NIH is the largest source of funding for medical research in the world, awarding grant money to universities and research centers in the United States and around the globe.
COBRA is the acronym for the Consolidated Omnibus Budget Reconciliation Act of 1986. According to the U.S. Department of Labor, the landmark legislation provides for continuation of group health coverage that otherwise might be terminated.
COBRA provisions give certain former employees, retirees, spouses, former spouses and dependent children the right to temporary continuation of their health care coverage.
Employers with 20 or more employees are usually required to offer COBRA coverage and notify the employee of its availability. Employees must have been terminated to qualify for COBRA.
It usually costs more than health coverage for active employees and can be comparable to individual rates. COBRA participants pay for the entire premium themselves, so an employee who contributed $300 per month to his company-paid premiums might now have to pay $1,000 because the employer was covering 70 percent of the costs. Thus, COBRA generally doubles or triples the price of a premium because the employee was only paying partial cost. For workers at most large companies, that is between 20-25 percent, according to benefits consulting firm Hewitt Associates.
The CDC is the acronym for the Centers for Disease Control and Prevention. It is the nation???s top public health agency and one of the main components of the Department of Health and Human Services (HHS). Based in Atlanta, Ga., it works to protect the health of people and communities by identifying and preventing potential public health problems.