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Definitions from WordNet | ||||
Definitions from the WebCapitationDefinition:Capitation refers to a method of payment in which a fixed fee is paid for each person enrolled, regardless of the services they receive. Sense 1:Noun - Healthcare In the context of healthcare, capitation is a form of reimbursement where healthcare providers, such as doctors or hospitals, receive a fixed amount of money per patient to cover all necessary medical services. Example Sentence: The new healthcare policy implemented capitation as the primary payment model, aiming to control costs and improve patient access. Related Products: Capitation in Healthcare Sense 2:Noun - Taxation In taxation, capitation refers to a fixed tax imposed on each person or household, regardless of their income or wealth. Example Sentence: The government decided to introduce a capitation tax to ensure a more equitable distribution of the tax burden among citizens. Related Products: Capitation Taxation Sense 3:Noun - Education Within education systems, capitation often refers to a fixed payment per student provided to schools or colleges to cover various expenses like tuition, books, and facilities. Example Sentence: The government increased the capitation grant for schools to improve the quality of education and enhance infrastructure. Related Products: Capitation in Education Sense 4:Noun - Finance In finance, capitation is a method used by insurance companies or financial institutions to determine premiums or interest rates based on a fixed amount per individual or per policy. Example Sentence: The insurance company calculated the premium using capitation, taking into account the individual's age, health condition, and specific coverage needs. Related Products: Capitation in Finance | ||||
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