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Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. [2] In April 2014, the company rebranded itself as ...
Health reimbursement account. A Health Reimbursement Arrangement, also known as a Health Reimbursement Account (HRA), [ 1 ] is a type of US employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses and, in limited cases, to pay for health insurance plan premiums. [ 2 ]
Alma mater. Alfred University (B.A.) Occupation. Business executive. Known for. Voya Financial. Rodney O. "Rod" Martin Jr. (born June 16, 1952) is an American business executive. He serves as the chairman and chief executive officer of Voya Financial, Inc. (NYSE: VOYA), a Fortune 500 financial services company based in New York, New York .
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Fee-for-service. Fee-for-service (FFS) is a payment model where services are unbundled and paid for separately. [1] In health care, it gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care. However evidence of the effectiveness of FFS in improving health ...
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340B Drug Pricing Program. The 340B Drug Pricing Program is a US federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations and covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "stretch scarce federal ...