Beneficiary

(noun)

One who benefits or receives an advantage.

Related Terms

  • Medicaid
  • Medicare

Examples of Beneficiary in the following topics:

  • Positive Externalities

    • The people taking the action may also enjoy the additional benefits described above, but initiators of actions are not considered beneficiaries of externalities.
    • The problem with positive externalities is that the people who create these advantages cannot charge the beneficiaries; the beneficiaries can "free ride," or benefit without paying.
  • Defining Health, Health Care, and Medical Care

    • For most of us, health care insurance is generally purchased on a capital market by a policy-holder (who may be a company the beneficiary works for or the beneficiary themselves, depending upon the profession and contractual obligations of an employer).
    • There are many large health care insurance providers out there, offering this service to prospective beneficiaries.
  • Impact of Public Policy on Unemployment

    • In order to achieve the goal of reducing frictional unemployment, governments typically require beneficiaries to actively search for a job while receiving payments and do not offer unemployment benefits to those who are fired or leave their job by choice.
  • The Importance of Productivity

  • Evaluating GDP as a Measure of the Economy

    • However, the value of GDP as a measure of the quality of life for a given country may be quite poor given that the metric only provides the total value of production for a specific time interval and provides no insight with respect to the source of growth or the beneficiaries of growth.
  • Where a Dollar Spent on Health Care Goes: Introducing the Inputs to Health Care

    • Health Care Providers: On the surface, this is who a beneficiary feels like they are paying.
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