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Early Retiree

An “early retiree” is anyone who retires prior to what is considered the normal retirement age. This is often used to describe retired individuals under 65 years of age. The ACA’s reinsurance program for early retiree defines eligible retirees as between 55 and 65 years of age.

Reference Based Pricing

A pricing scheme for prescription drugs that is designed to lower the overall expenditures on pharmaceuticals. The programs lump drugs that target specific issues into…