parity


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Parity

Equality in amount or value. Equivalence of prices of farm products to the prices existing at some former date (the base period) or to the general cost of living; equivalence of prices of goods or services in two different markets. The relationship between two currencies such that they are exchangeable for each other at the par or official rate of exchange.

parity

noun alikeness, analogy, approximation, close correspondence, coequality, comparability, comparison, correlation, correspondence, equability, equality, equation, equilibrium, equipoise, equivalence, equivalency, identical value, identicalness, likeness, parallelism, resemblance, sameness, semblance, similarity, state of being equal, symmetry, uniformity
Associated concepts: wage parity
See also: analogy, balance, correspondence, equipoise, identity, resemblance
References in periodicals archive ?
At the same time, ParityTrack has also identified promising practices in parity implementation, such as a recent bill passed in Illinois that requires that state's department of insurance to enforce federal and state parity laws.
This is the first time a federal appeals court has ruled on enforcement of the Mental Health Parity and Addiction Equity Act of 2008, Meiram Bendat, Ph.
To help state associations and national advocacy groups such as the Parity Implementation Coalition (PIC) with parity enforcement activities, Kasper says that NAATP is making Survey reports available to these groups as well, provided that group officials complete a Qualified Services Organization (QSO) agreement, a precaution against even inadvertent disclosures in the blind database.
In the past 20 years, more than half of states introduced SUD parity laws requiring employment-related group health plans to provide coverage for SUD treatment equal to that for comparable medical/surgical treatment.
While studies have consistently demonstrated that parity laws do not lead to increases in total behavioral health spending, these findings have also raised a separate concern: Does parity actually convey any benefits to patients?
CONCLUSIONS: The desire for sons appears to be a significant motivation for parity progression.
Oregon's law is a very close analog to the new federal parity law, specifically in the way that it restricted plans from aggressively managing the behavioral health benefit," said study author K.
Employer experiences with parity To download the research brief, visit www.
Senate Small Business Committee Chair Mary Landrieu, D-LA, plans to introduce legislation soon to reinstate parity, a spokeswoman said.
The new parity regulations are set to take effect on July 1.
Such cross-border arbitrage should affect both exchange rates and prices so as to promote parity among the purchasing powers of the world's currencies.
The president signed the bill, with parity included, into law on October 3.