Definition: The Medicare Hospice Benefit was established in 1982 under the Tax Equity and Fiscal Responsibility Act (TEFRA). It defines a patient's eligibility for the benefit based on life expectancy, the services hospice providers were to offer, and the reimbursement for those services. It serves as the model of reimbursement for Medicaid as well as private insurance and managed care plans.
Also Known As: Hospice benefit
