HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating monitored anesthesia care (MAC) for deep complex, complicated, or markedly invasive surgical procedure.
Insurance Encyclopedia
G9
HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating monitored anesthesia care (MAC) for patient who has history of severe cardio-pulmonary condition.
GA
1. HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating a waiver of liability statement (advanced beneficiary notice) signed by the patient is on file. 2. Abbreviation for general agent. See general agent (GA) .
GA Disbursement Cover
Due to GA salvage charges are incurred. In the subsequent voyage if cargo becomes a total loss due to total loss of the vessel, the ship-owners will not be having any contributions from cargo owners. The GA expenditures incurred is not available. GA disbursement cover pays such loss.
GA Disbursement Cover for Loss
Due to general average salvage charges are incurred. In the subsequent voyage if cargo becomes a total loss due to total loss of the vessel, the ship-owners will be having no contribution from cargo owners. The GA expenditure incurred is not available. GA disbursement cover pays such loss.
GAAP
See: generally accepted accounting principles (GAAP) .
GAAP accounting
Generally Accepted Accounting Principles as promulgated by the Financial Accounting Standards Board (FASB). See Statutory accounting principles.
GAAP accounting (Generally Accepted Accounting Principles)
These principles, as practised in the UK under the Companies Act, require company accounts to give a true and fair view. There are moves towards a globally accepted GAAP for insurance accounting. GAAP is associated with annual accounting, which by 2005 will supersede the three-year accounting system at Lloyd’s to bring them into line with insurance company accounting. See ANNUAL VENTURE.
GAAP reserves
Insurance reserves that are calculated using generally accepted accounting principles. Also see generally accepted accounting principles (GAAP) .
GAD
Government Actuary’s Department. Note the functions of GAD examining periodical returns previously performed for the DTI are now performed by actuaries within the FSA.