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Cost sharing effort is included in the calculation of total committed effort. Effort is defined as the portion of time spent on a particular activity expressed as a percentage of the individual's total activity for the institution. [3] Cost sharing can be audited and must be allowable under cost principles and verifiable to records.
In economics and mechanism design, a cost-sharing mechanism is a process by which several agents decide on the scope of a public product or service, and how much each agent should pay for it. Cost-sharing is easy when the marginal cost is constant: in this case, each agent who wants the service just pays its marginal cost. Cost-sharing becomes ...
A derivative is "sharing Dutch", having a joint ownership of luxury goods. For example: four people share the ownership of a plane, boat, car, or any other sharable high-end product. This in order to minimize cost, sharing the same passion for that particular product and to have the maximum usage of this product. [citation needed]
The cost sharing reductions (CSR) subsidy is the smaller of two subsidies paid under the Patient Protection and Affordable Care Act (ACA) as part of the healthcare system in the United States. The subsidies were paid from 2013 to 2017 to insurance companies on behalf of eligible enrollees in the ACA to reduce co-payments and deductibles.
The United States and South Korea on Friday announced a new cost-sharing deal that would see Seoul spend more to host American troops. State Department spokesperson Matthew Miller said the ...
In this letter, CMS noted "Although we have announced that we do not plan to finalize certain proposals related to preferred cost sharing included in our proposed rule published in the Federal Register on January 10, 2014, we continue to be concerned about beneficiary access to and understanding of preferred cost sharing arrangements.
The cost stop gives to the government the guarantee to recover part of the production (as long the price of the crude produced is higher than the cost stop), especially during the first years of production when the costs are higher. Since the beginning of the 80s all major contracts include invariable a clause of cost stop.
U.S. and South Korean officials outlined respective visions for a new agreement on sharing the cost of keeping American troops in South Korea in talks this week and will continue to consult as ...