MEDICAL,USA: 1. Under the Health Insurance Portability and Accountability Act (HIPAA), this is the month, day, and year that a final rule is effective, which is usually 60 days after it is published in the Federal Register . 2. In insurance, the month, day, and year on which the membership, insurance coverage, or rate becomes effective.
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The date an insurance policy takes effect.
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US: The date on which an insurance binder or policy goes into effect and from which time protection is provided.
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The date on which an insurance policy or bond goes into effect, and from which protection is furnished.
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US: The date on which the insurance under a policy begins.
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The date shown in the declarations of a policy upon which coverage is to take effect. Policies are generally effective at 1201 a.m.
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The date upon which the policy is put in force, the inception date.